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Starboard’s Latest Activist Technique Gains Traction with Managers

Activist firms like Starboard are starting to employ little-used techniques, such as special meetings, to put pressure on their targets.

       Starboard CEO and CIO Jeffrey Smith (Bloomberg)Shareholder activist funds are proving adept at coming up with ways to get resistant companies to meet their demands. The latest trend: Activist investors are increasingly using the threat of a special meeting to coax management to cave in to their demands. Last week alone,

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