Jeffrey Smith, Starboard Value, “Using Board Dynamics to Enhance Shareholder Returns”
September 09, 2014 at 10:22 AM EDT
He says they have an average return after their 13D filing (when they file as an activist shareholder for a company) of about 20%. Historical examples where they’ve already been on the board and have implemented their plan: Tessera Technologies (TSRA) — has a fantastic business in packaging design for semiconductors, a technology that they […]