Starboard Value Gets a Nasty Surprise from New Target MedAssets
The morning after the activist announced its stake, the health-care company admitted a major customer has failed to renew its contract.
Stephen TaubAugust 5, 2015
Jeffrey Smith, Starboard Value (Bloomberg) Talk about bad timing. The morning after Jeffrey Smith’s Starboard Value announced an 8.7 percent stake in MedAssets and fired off a long letter to management laying out its
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