Tag Archives: ODP

Corporations Giving Board Seats to Activist Investors, Says WSJ

In fights with dissidents, corporations are giving corporate board seats to the insurgents as long as management appointees get to keep their seats, says the Wall Street Journal($). Why are we writing about it?  Because two of the examples are … Continue reading

Posted in Activist Investor, Business Strategy, Elliott Associates, Hedge Funds, Starboard Value | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Starboard Value Nudges Office Depot To Create Some Shareholder Value. In Totally Unrelated News, Office Depot to Merge With OfficeMax.

On September 18, 2012, we reported that Starboard Value was having a shredding party with Office Depot (ODP), announcing it owned over 13% of its shares and telling them how to run their business.  ODP closed at $2.59/share that day.  … Continue reading

Posted in Activist Investor, Hedge Funds, M&A, Starboard Value | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Oh Boy! Office Depot In Play? WWDMD (What Would Dunder Mifflin Do)?

Activist investor Starboard Value jammed Office Depot’s printer with its notice that it owns over 13% of the shares of the common stock of ODP, the home of office supply savings (60% off of store brand printer ink as we … Continue reading

Posted in Starboard Value | Tagged , , , , , , , , , , , , | 21 Comments