The Fight Between Starboard Value & Box Intensifies

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ValueWalk

What’s New In Activism: Starboard Value & Box Fight IntensifiesQ2 2021 hedge fund letters, conferences and more Starboard Value and Box Inc (NYSE:BOX) have shared dueling interpretations of the company’s performance as their proxy contest intensifies. Starboard put forward measures to boost performance at Box in support of its campaign for three board seats at the enterprise software company. The activist said Box failed to meet all of management’s long-term revenue growth targets since going public in 2015, has “consistently suffered” from decelerating revenue growth since its initial public …

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