Form SC 13D Mellanox Technologies, Filed by: Starboard Value LP

Go back to Form SC 13D Mellanox Technologies, Filed by: Starboard Value LP

Starboard Value LP Shows New 9.8% Activist Stake in Mellanox Technologies (MLNX)

November 20, 2017 5:33 PM EST

In a 13D filing on Mellanox Technologies, Ltd. (NASDAQ: MLNX), hedge fund Starboard Value LP disclosed a 9.8%, or 5,006,621 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending September 30, 2017.

From the filing:

The Reporting Persons purchased the Shares based on the Reporting Persons belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or... More