The Wall Street Journal: Starboard confirms Staples stake, boosts position in Office

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  • RSS Robot
    I post the news

    1,000+ Posts
    • Jan 2009
    • 2435

    #1

    The Wall Street Journal: Starboard confirms Staples stake, boosts position in Office

    Starboard Value LP has built a roughly 6% stake in Staples Inc. and boosted its position in Office Depot Inc. to about 10%, moves that could raise pressure for a combination of the office-supply retailers. has a market capitalization of $9.2 billion, valuing the activist investor's stake in the Framingham, Mass., company at about $550 million.


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