35.00 Dollar US$ Pfizer fight with Starboard heats up, hedge fund alleges executive... West Point
- Location: 42, West Point, Pennsylvania, United States
By Svea Herbst-Bayliss and Michael Erman
Oct 10 (Reuters) - The corporate clash between Pfizer and 비닉스 가격 Starboard Value heated up on Thursday when the activist investment firm pressed the U.S. drugmaker to investigate actions by its board, after two former executives backed out of its campaign against the company.
Jeffrey Smith, 비닉스 약국 who runs Starboard, pushed Pfizer's board on Thursday to set up a special committee to probe potential "coercive conduct" that may have prompted the two executives who had planned on working with the hedge fund to change their minds.
Starboard built a roughly $1-billion position in the company, which has a $167-billion market capitalization, 비닉스 가격 and said former chief executive Ian Read and former chief financial officer Frank D'Amelio were concerned about the company's path and 비닉스 구매 offered their assistance.
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