Large investor backs activist Starboard’s push for board seats at GCP Applied Technologies
An investor group that owns
almost one-quarter of GCP Applied Technologies is backing
activist investor Starboard Value’s plan to remove most of the
chemical company’s current board members, arguing the committee
is not making the best decisions for the company or
shareholders.
almost one-quarter of GCP Applied Technologies is backing
activist investor Starboard Value’s plan to remove most of the
chemical company’s current board members, arguing the committee
is not making the best decisions for the company or
shareholders.
Posted by Reuters
