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Activist Investor Starboard Takes $1 Billion Stake In Pfizer
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.
Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.
Pfizer Stock Rises on Report Starboard Takes Roughly $1B Stake
Starboard Value reportedly has taken a roughly $1 billion stake in Pfizer, as the activist investor seeks to turn the struggling drugmaker around.
FiercePharma
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Pfizer CEO Bourla to meet with activist investor Starboard Value on turnaround pitch: FT
With Pfizer’s revenue and share price slumping after the drugmaker skyrocketed to new heights during the pandemic, the ...
2d
Former top Pfizer executives pitch board on Starboard Value’s shake-up plan
Two of Pfizer’s former top executives have pitched at least four of its directors, including chief executive Albert Bourla, on activist investor Starboard Value’s plan for turning around the ...
18h
Pfizer CEO plans to meet activist investor Starboard, FT reports
Bourla and Shantanu Narayen, Pfizer's lead independent director and Adobe Systems CEO, will hold talks with Starboard chief ...
18h
Pfizer CEO Albert Bourla expected to meet with activist Starboard next week - FT
Pfizer CEO is set to meet with activist investor Starboard Value after the investor acquired a $1 billion stake in the ...
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