17 January 2022
Investor firm asks Mercury Systems to scrap anti-takeover plan
by Marc Selinger
US activist investor firm Starboard Value is urging US defence electronics supplier Mercury Systems to “immediately eliminate” its new anti-takeover plan, saying the measure is “not in the best interests of the company's shareholders”.
“We are available at your convenience to discuss this matter further,” Starboard told Mercury's board of directors in a 13 January letter. “[We] believe there is a bright future for the company and its stakeholders, and we look forward to continuing to engage with you to help unlock this value.”
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US activist investor firm Starboard Value is urging US defence electronics supplier Mercury Systems ...
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