Jul
26

Starboard Value Hedge Fund Wants to Force ComScore to Hold an Annual Meeting

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Starboard Value, an activist hedge fund known for taking on companies like Yahoo and Macy’s, has unveiled its next target: comScore, the big media measurement company.

Starboard sued comScore on Tuesday in a Delaware court, seeking to force the company to schedule an annual meeting for the first time in two years.

The hedge fund said it had amassed a 4.9 percent stake, making it one of comScore’s biggest shareholders, according to data from Standard & Poor’s Global Market Intelligence.

A representative for comScore said the company was assessing the lawsuit, but declined to comment further…

Starboard Value Hedge Fund Wants to Force ComScore to Hold an Annual Meeting

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Categories : Hedge Funds

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