In today’s top news, Flipkart is planning to sell a percentage of its payments arm PhonePe, and Starboard wants to see ACI Worldwide put itself up for sale. Plus, Ant Group is reportedly looking to sell its stake in India’s Paytm. Walmart’s Flipkart Planning To...
There was plenty of boardroom drama on Thursday (March 19) between eBay and activist investor Starboard Value. The day started with Starboard nominating four new directors to eBay’s board, along with its a demand to find a new CEO. It ended with eBay firing back...
Spurred by frustration that eBay has not yet sold its online classified ads business or made changes to its board, activist investor Starboard is nominating a series of new directors to the company board, including Starboard’s head of research, Peter Feld. Starboard won the right to put one new...
eBay is nearing a settlement with shareholders Elliott Management and Starboard Value LP that would give each of the activist investors a board seat, with the possibility of another one in the future, according to a report from The Wall Street Journal. eBay’s board already...
December 27, 2021
GoDaddy, best known as a website builder and domain-registry firm, has just received an $800 million infusion of capital from activist investor Starboard Value LP. The investment gives Starboard an estimated 6.5% stake, the Wall Street Journal reported on Monday (Dec. 27), citing sources. What Starboard has in mind for GoDaddy is anyone’s guess, but […]
March 12, 2020
Spurred by frustration that eBay has not yet sold its online classified ads business or made changes to its board, activist investor Starboard is nominating a series of new directors to the company...
February 27, 2019
eBay is nearing a settlement with shareholders Elliott Management and Starboard Value LP that would give each of the activist investors a board seat, with the possibility of another one...
February 27, 2019
eBay is close to reaching a settlement with Elliott Management and Starboard, the two activist investors that have been calling for change at the online auctioneer. According to a report...
