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Starboard takes stakes in Symantec, proposes new board members

2018-08-16 10:45:00| Telecompaper Headlines

(Telecompaper) The activist investor Starboard has acquired a stake in Symantec and is seeking to place five of its representatives on the cybersecurity company's 11-person board. Symantec's share price has nearly halved in the past year after it announced accounting problems, and Starboard thinks it can lead a turnaround at the group. 

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