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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.

bnnbloomberg · 3h

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.

Reuters · 1d

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.

Statement From Former Pfizer CEO Ian Read and Former Pfizer CFO Frank D’Amelio Regarding Starboard Value

Guggenheim Securities, LLC is issuing a statement on behalf of former Pfizer CEO Ian Read and former Pfizer CFO: We have decided not to be involved in the efforts of Starboard Value regarding Pfizer.

2don 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 ...

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 ...

Business Times2d

Activist Starboard Value takes US$1 billion stake in Pfizer

Activist investor Starboard Value has taken a stake of about US$1 billion in Pfizer and is seeking to spur a turnaround of ...

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