Starboard Delivers Open Letter to GCP (GCP) Shareholders

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Starboard Delivers Open Letter to GCP Shareholders

May 21, 2020 4:00 PM EDT

NEW YORK, May 21, 2020 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of GCP Applied Technologies Inc. ("GCP" or the "Company")(NYSE: GCP), with an ownership interest of approximately 9% of the Company's outstanding shares, today delivered an open letter to GCP shareholders in connection with the Company's upcoming Annual Meeting of Shareholders. 

The full text of Starboard's open letter to GCP shareholders follows:

May 21, 2020

Dear Fellow Shareholders,

The 2020 Annual Meeting of Shareholders (the "Annual Meeting") of... More