Qualcomm CEO Steve Mollenkopf is trying to extend the chipmaker's success in the next generation of wireless technology.
The 'highly-engaged' activist investor uses operational expertise and PE-style attitude to go after companies many activists avoid.
The document technology company also agreed to bring on five dissident directors and replace its CEO. Six existing board members also resigned in a resounding victory for the dissident investors.
The document processing company had almost replaced Xerox CEO Jeff Jacobson with an ex-HP executive, The Deal has learned.
The plan for a variety of asset sales comes as Starboard Value's Jeff Smith is seeking to install four dissident director candidates, some of whom, if elected, would replace directors installed in a recent settlement with rival insurgent Carl Icahn
An insurgent fund manager has a small opening to gain a couple seats on the board of the iconic maker of Hershey's Kisses. But any attempt to drive a sale of the business following a 2016 Mondelez rejection would likely be quashed.
The activist fund is putting up four dissident director candidates to the company's board as part of a skirmish over the Mr. Coffee maker's divestiture plans.
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