Starboard Delivers Letter to Depomed CEO and Board of Directors

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Mizuho Securities Raises Price Target on Depomed (DEPO) Following Starboard's Activism Announcement; Reiterates Neutral

April 11, 2016 7:28 AM EDT

Mizuho Securities reiterated a Neutral rating on DepoMed Inc (NASDAQ: DEPO), and raised the price target to $18.00 (from $14.00), following Starboard's activism announcement. Mizuho expects the stock to trade in a higher range after Starboard Value disclosed its position in DEPO last week. After... More

Depomed (DEPO) Comments on Starboard Value Stake; Recommends Shareholders Take no Action

April 8, 2016 9:07 AM EDT

Depomed, Inc. (Nasdaq: DEPO) issued the following statement in response to the Schedule 13D filed April 7 with the Securities and Exchange Commission by Starboard Value LP:

Depomed welcomes open communications with its shareholders and values constructive input toward... More