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Posted on: Sept. 5, 2019, 8:21 p.m.
On Tuesday, Starboard Value disclosed it had purchased a 7.5% stake in cloud storage company Box. The activist hedge fund will now be the third-largest stakeholder in the company behind the Vanguard Group and BlackRock. Starboard has waged proxy wars in the past, and most notably laid the groundwork for Verizon's acquisition of Yahoo when it successfully negotiated four board seats away from the search company's existing investors. Full investment news articleRelevent to this post: William Blair & Company Raymond James,