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Activist Investor Starboard Takes $1 Billion Stake In Pfizer
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.
Activist Starboard Value Takes $1 Billion Stake in Pfizer
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according to a person familiar with the matter.
Pfizer CEO plans to meet activist investor Starboard, FT reports
Pfizer CEO Albert Bourla plans to meet key executives of activist hedge fund Starboard Value next week, the Financial Times reported on Tuesday, citing people familiar with the matter.
2d
on MSN
Pfizer Stock Rises After It Gets an Activist. What Starboard’s Track Record With Pharma Tells Us.
Starboard has approached two former Pfizer executives, Ian Read and Frank D’Amelio, to assist in its efforts, and they have ...
2d
Wall Street Breakfast Podcast: Starboard Takes $1B Stake In Pfizer
Activist Starboard takes $1B stake in Pfizer - report. Rio Tinto makes takeover approach to Arcadium Lithium. ‘Joker’ sequel ...
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