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Starboard's Latest Target Playing a Delay Game

At the same time the activist filed its preliminary proxy, Mellanox Technologies scheduled an "extraordinary" meeting.

  • By Stephen Taub

Starboard Value and a semiconductor company are locked in a proxy fight resembling a chess game. On Wednesday the activist hedge fund firm filed a preliminary proxy nominating nine individuals to the board of directors of Israeli firm Mellanox Technologies. They include Starboard managing members Jeffrey Smith and Peter Feld. "Mellanox

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