Staples (SPLS) Declares $0.12 Quarterly Dividend; 2.9% Yield
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Starboard Sends Letter to Staples (SPLS); Still Recommends Board Changes
March 4, 2015 9:43 AM ESTStarboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Staples, Inc. ("Staples" or the "Company") (Nasdaq: SPLS), with a 4.5% ownership stake, announced that it has delivered a letter to the Company's Board of Directors.
The full text of the letter follows:
March 4, 2015
Members of the Board of Directors of Staples, Inc. Staples, Inc.500 Staples DriveFramingham, MA 01702
Dear Members of the Board,
As you know, Starboard Value LP (together with its affiliates, "Starboard") is currently one of the largest... More
