Starboard Value

Olive Garden Owners Wait Tables at Maligned Restaurant Chain

June 3, 2015 Debbie Jacobs Company Spotlight

Jeffrey Smith, CEO and founder of Starboard Value, a hedge fund with the largest stake in the Olive Tree restaurant chain, rallied his investors to check out the premises from “the ground up.” “Every single board member took a night and worked inside a restaurant,” said Smith. “I was waiting on tables, greeting guests, serving […]

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Darden Restaurants, Jeffrey Smith, Olive Garden, Starboard Value,

Starboard Value Nominates Five to AOL’s Board

February 28, 2012 Debbie Jacobs In the News

Hedge fund Starboard Value LP recently nominated several candidates to AOL’s board, explaining that their discussions have not been satisfying thus far. According to Starboard, who owns 5.2% of AOL’s stock, AOL’s patent portfolio has the potential to generate over $1 billion in licensing income, with the proper management. AOL possesses valuable intellectual property, including […]

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AOL Inc, Economy, Finance, Hedge Funds, Starboard Value,

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