An Activist Investor Just Bought $1 Billion Worth of Pfizer. Here's What It Means for the Stock
On Oct. 6, The Wall Street Journal reported that activist investor group Starboard Value owns a stake in Pfizer ( PFE -2.82%) that's worth approximately $1 billion. Now, Starboard will aim to work with the company's management as well as consult with former executives -- all with the aim of turning around Pfizer's sagging fortunes.
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Starboard's Jeff Smith called on the company to assemble a special committee to investigate the matter, describing it as ...
The corporate clash between Pfizer and Starboard Value heated up on Thursday when the activist investment firm pressed the ...
In another twist to the tale of Starboard Value's push for change at Pfizer, the activist investor has claimed former ...
On today's episode of Market Domination Overtime, hosts Julie Hyman and Josh Lipton delve into the top stories following ...
With one headline, Pfizer had gone from being a well-known hunter — spending heavily to buy rivals — to the hunted.
Key Takeaways Pfizer shares have gained ground since a report over the weekend said that activist investor Starboard Value ...
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Starboard has approached two former Pfizer executives, Ian Read and Frank D’Amelio, to assist in its efforts, and they have ...
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