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Starboard Delivers Letter To Calgon Carbon CEO And Board Of Directors And Issues Detailed Presentation

Stocks in this article: CCC

NEW YORK, Nov. 4, 2013 /PRNewswire/ --  Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Calgon Carbon Corporation ("Calgon" or the "Company") (NYSE: CCC) with approximately 9.7% of the outstanding common stock of the Company, today announced that it has delivered a letter to the Company's President and CEO, Randall S. Dearth, and the Company's Board of Directors, as well as a detailed presentation, highlighting significant opportunities to improve Calgon's operating margins, capital allocation, and corporate structure. 

The full text of the Letter and the Presentation are available for viewing on the SEC's website and at the following link: http://tinyurl.com/StarboardLetterPresoCalgon

About Starboard Value LP Starboard Value LP is a New York-based investment adviser with a focused and differentiated fundamental approach to investing in publicly traded U.S. small cap companies. Starboard invests in deeply undervalued small cap companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.

Investor contacts: Peter Feld, (212) 201-4878 Gavin Molinelli, (212) 201-4828 www.starboardvalue.com

SOURCE Starboard Value LP

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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