Starboard’s Office Depot Battle Could Test Smith’s Mettle

Activist investor and Starboard Value chief Jeffrey Smith is on a roll, having recently won three battles. But in attempting to turn around the struggling retailer, which is seeking to merge with an equally struggling rival, Smith is facing a challenge.

Starboard Value founder Jeffrey Smith

You could argue that Jeffrey Smith, the founder, chief executive officer and chief investment officer of New York–based activist hedge fund firm Starboard Value, is the Carl Icahn of small-cap shareholder activist campaigns.

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