Form SC 13D BOX INC Filed by: Starboard Value LP

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Box (BOX) Responds to Schedule 13D Filing from Starboard Value LP

September 4, 2019 6:23 AM EDT

Box, Inc. (NYSE: BOX), a leader in Cloud Content Management, issued the following statement in response to the Schedule 13D filing from Starboard Value LP.

While we do not comment on interactions with our investors, Box is committed to maintaining an active... More

UPDATE: Starboard Files 13D on Box (BOX), Showing 7.5% Stake

September 3, 2019 4:03 PM EDT

(Updated - September 3, 2019 4:05 PM EDT)

Starboard Valued filed a 13D on Box (NYSE: BOX), showing an 11 million share, or 7.5% stake. Starboard sees the shares as undervalued and representing an attractive investment opportunity.

Item 4. Purpose of Transaction.

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 sale of... More