Starboard Value Fires at Compuware, Takes a Stake in Polycom
The New York firm, headed by Jeffrey Smith, is making hay in a sunny year for activists.
Has Starboard Value’s Jeffrey Smith telegraphed his next activist target? It sure seems logical.
The New York hedge fund firm, which is arguably the busiest activist these days, disclosed that it took an initial 2.85 million-share stake in Polycom, its largest new position in the third quarter.