Activist Starboard Value has $1 billion Pfizer stake, taps former ...
Oct 7, 2024 · 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...
Pfizer fight with Starboard heats up, hedge fund alleges …
Oct 10, 2024 · The corporate clash between Pfizer and Starboard Value heated up on Thursday when the activist investment firm pressed the U.S. drugmaker to investigate actions by its board, after two former...
Starboard Slams Pfizer; Board Must Hold Execs 'Accountable'
Oct 22, 2024 · Starboard Value took aim at Pfizer (PFE) in another blow Tuesday, saying the company has failed to deliver on what it once called the "best pipeline" ever. Activist investor Starboard is making...
UPDATED: Starboard wants to hold Pfizer leadership …
Oct 22, 2024 · Starboard has called on Pfizer’s board to “hold management accountable” for what the hedge fund described as poor revenue returns on investments in R&D and M&A, according to a new...
What activist hedge fund Starboard wants from Pfizer - Business …
Oct 22, 2024 · Activist hedge fund Starboard has taken a stake in drug giant Pfizer. Starboard execs met with company officials last week to outline their complaints. See highlights from the …
Starboard Value CEO says Pfizer's board should hold …
Oct 22, 2024 · Activist hedge fund Starboard Value's chief executive officer said on Tuesday that drugmaker Pfizer's board needs to hold management accountable for its underperformance, particularly for its...
Activist investor Starboard accuses Pfizer of strong-arming …
Oct 10, 2024 · Pfizer’s situation with activist investor Starboard Value is already getting messy. Days before the fund is set to sit down with CEO Albert Bourla to pitch a new strategic path for the pharma,...
Starboard-Pfizer battle strains Guggenheim’s relationship with …
Oct 15, 2024 · Guggenheim Securities’ decision to help two former Pfizer executives as they withdrew from a shortlived alliance with an activist investor targeting the drugmaker has strained a relationship that...
Activist investor Starboard Value takes $1 billion stake in Pfizer ...
Oct 7, 2024 · (Reuters) -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...
Pfizer threatened renegade executives before schism: Starboard's …
Oct 10, 2024 · Activist Starboard Value accused Pfizer of threatening litigation against two renegade former executives that initially were supportive of the investor's turnaround campaign at the...