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Starboard takes stakes in Symantec, proposes new board members

Thursday 16 August 2018 | 10:45 CET | News
Update: 16 August 2018 | 14:28 CET
The activist investor Starboard has acquired a stake in Symantec and is seeking to place five of its representatives on the cybersecurity company's 11-person board. Symantec's share price has nearly halved in the past year after it announced accounting problems, and Starboard thinks it can lead a turnaround at the group. 

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[16/08/2018 14:28- Update: Updates with statement from Symantec.]


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Categories: Internet
Companies: AVG Technologies / Intuit / Marvell Technology / Symantec
Countries: World
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