Activist investor Starboard Value takes $1 bln stake in Pfizer- WSJ By Investing.com – Forex Trader Hub
Investing.com– Activist investor Starboard Value has taken an around $1 billion stake in Pfizer Inc (NYSE:) and wants the drugmaker to make sweeping changes to turn around laggard performance, the Wall Street Journal reported on Sunday. Starboard has approached two former Pfizer executives- Ian Read and Frank D’Amelio- who have in turn expressed interest in…