Activist investor Starboard buys 5.8% stake in Symantec, nominates board members
August 16, 2018 at 10:02 AM EDT
Starboard's interest in Symantec comes as the maker of Norton anti-virus software said earlier this month that it would cut 8 percent of its global workforce, or about 1,000 employees, amid amid weak revenue growth in its enterprise security business.