Starboard's Smith says firm has position in Colfax
BOSTON (Reuters) - Activist investment firm Starboard Value has taken a new position in Colfax Corp and its founder, Jeffrey Smith, called the company undervalued.
"The company is undervalued and it is at an inflection point," Smith said at the 13D Monitor 2021 Active-Passive Investor Summit.
(Reporting by Svea Herbst-Bayliss, Editing by Louise Heavens)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lionsgate faces activist pressure to sell itself in ‘AI era’ - Semafor
- GM inks deal to guard against future parts-supply shocks
- Trading Day: Peace fog
Create E-mail Alert Related Categories
Hedge Funds, Hot Hedge Fund News, ReutersRelated Entities
13D, Starboard ValueSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share