Starboard Value’s Latest Demand Is a Throwback to the ‘80s

The activist hedge fund firm headed by Jeffrey Smith makes an intriguing proposal for its newest target, packaging conglomerate MeadWestvaco.

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Starboard Value founder Jeffrey Smith. Photo: Jacob Kepler/
Bloomberg

When Jeffrey Smith of New York–based hedge fund firm Starboard Value detailed his case for significantly boosting the value of packaging company MeadWestvaco Corp.,

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