Activist hedge fund Starboard targets benefits services provider Alight
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Activist hedge fund Starboard Value builds a stake in Alight (ALIT) - Reuters
February 21, 2024 4:07 PM ESTStarboard Value, an activist hedge fund led by Jeffrey Smith, has acquired a significant position in Alight (NYSE: ALIT) and has proposed four nominees for the company's board of directors to drive transformation, Reuters reported Wednesday.
The nominations from Starboard include three independent... More
