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Activist Investor Starboard Value Takes $1B Stake in Pfizer

CNBC on MSN · 2d

Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say

Starboard Value has amassed a roughly $1 billion stake in drugmaker Pfizer, according to people familiar with the matter. The activist fund run by Jeff Smith is looking to tap former Pfizer CEO Ian Read and ex-finance chief Frank D'Amelio,

Activist investor Starboard Value takes $1 bln stake in Pfizer, sources say

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.

Investopedia on MSN · 8h

Pfizer CEO Bourla To Meet Activist Investor Starboard, Report Says

Pfizer CEO Albert Bourla reportedly is planning to meet with Starboard Value after the activist investor took a $1 billion stake in the struggling drugmaker.

1d

Meet Jeff Smith, the hedge-fund investor taking on Pfizer

Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate America — by force if necessary ...

23h

Pfizer CEO Plans to Meet Activist Investor Starboard Value, FT Reports

(Reuters) - Pfizer CEO Albert Bourla plans to meet activist investor Starboard Value, the Financial Times reported on Tuesday ...

19h

Pfizer CEO’s job is at risk. A shot of discipline could help.

As activist Starboard teams up with former Pfizer executives, the pharma giant’s lack of focus is in the spotlight.

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