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Starboard Delivers Open Letter to Box Stockholders


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Starboard Delivers Open Letter to Box Stockholders
May 17, 2021 GMT
NEW YORK, May 17, 2021 /PRNewswire/ Starboard Value LP (together with its affiliates, “Starboard”), one of the largest stockholders of Box, Inc. (“Box” or the “Company”) (NYSE: BOX), with an ownership interest of approximately 8% of the Company’s outstanding shares, today delivered an open letter to Box stockholders reiterating its significant concerns with the Company’s $500 million convertible preferred equity financing and the Board’s continued refusal to engage constructively with Starboard. In the letter, Starboard also disclosed its intention to submit a Books and Records request, pursuant to Section 220 of the Delaware General Corporation Law, to inspect books and records relating to the Company’s review of strategic options, including the financing and the proposed upcoming “Dutch ....

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Starboard Value LP: Starboard Delivers Open Letter to Box Stockholders


Starboard Value LP: Starboard Delivers Open Letter to Box Stockholders
NEW YORK, May 17, 2021 /PRNewswire/ Starboard Value LP (together with its affiliates, Starboard ), one of the largest stockholders of Box, Inc. ( Box or the Company ) (NYSE: BOX), with an ownership interest of approximately 8% of the Company s outstanding shares, today delivered an open letter to Box stockholders reiterating its significant concerns with the Company s $500 million convertible preferred equity financing and the Board s continued refusal to engage constructively with Starboard. In the letter, Starboard also disclosed its intention to submit a Books and Records request, pursuant to Section 220 of the Delaware General Corporation Law, to inspect books and records relating to the Company s review of strategic options, including the financing and the proposed upcoming Dutch auction self-tender. ....

United States , Deborahs Conrad , Xavierd Williams , Peter Feld , Johnr Mccormack , Petera Feld , Jeffreyc Smith , Gavin Molinelli , Box Inc , Company The Common Stock , Starboard Vo Fund , Starboard Principal Co , Principal Co , Exchange Commission , Corporation Law , Starboard Value , Delaware Chancery Court , Starboard Principal Co Lp , Management Committee Of Principal , Management Committee Of Starboard Value , Delaware General Corporation Law , Fellow Stockholders , Building Trades Pension Fund , Western Pennsylvania , Investment Agreement , New York Based ,

Starboard Nominates Slate of Highly Qualified Director Candidates for Election at Box's 2021 Annual Meeting


Starboard Nominates Slate of Highly Qualified Director Candidates for Election at Box s 2021 Annual Meeting
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NEW YORK, May 10, 2021 /PRNewswire/ Starboard Value LP (together with its affiliates, Starboard ), one of the largest stockholders of Box, Inc. ( Box or the Company ) (NYSE: BOX), with an ownership interest of approximately 8% of the Company s outstanding shares, today announced in an open letter to Box stockholders that it has nominated a slate of highly qualified director candidates for election to Box s Board of Directors at the Company s 2021 Annual Meeting of Stockholders.                                 
Deborah S. Conrad
Xavier D. Williams ....

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