Behind the Deal: 3 things to know about Cyxtera s $3 4B SPAC merger - South Florida Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
‘Most Feared Man in Corporate America’ Jeff Smith’s Top 10 Stock Picks
Jeffrey Chad Smith is an American activist investor and hedge fund manager who founded Starboard Value in 2002. The fund manages about $4 billion in managed securities as of the end of the 2020. Famously called the “most feared man in corporate America” by Fortune, Smith has an eye for detecting unrealized potential in companies. His investment strategy is simple: build stakes in companies that are undervalued and undergoing management inefficiencies and force them to work hard and correct course to unlock value.
The King of Turnarounds
The 49-year-old, who has an economics degree from the Wharton School of the University of Pennsylvania, stunned the financial markets in 2014 by successfully ousting the entire board of Olive Garden-owner Darden Restaurants. In less than two years, Smith oversaw an exemplary turnaround at the company, resulting in a 40% increase in Darden’s market value. He then
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Starboard Value Acquisition Corp - SVAC troyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from troyrecord.com Daily Mail and Mail on Sunday newspapers.