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Pfizer faces pressure
Pfizer Gets an Activist. What Starboard’s Track Record With Pharma Tells Us.
Starboard has approached two former Pfizer executives, Ian Read and Frank D’Amelio, to assist in its efforts, and they have expressed interest in helping, The Wall Street Journal reported Sunday, citing people familiar with the matter.
Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.
Activist Starboard Value takes $1bn stake in Pfizer
The company’s covid vaccine and treatment more than doubled its revenue — to $100bn (€89.5bn) in 2022 from $42bn (€37.6bn) in 2020 — but demand for its covid products has since declined dramatically
7h
Former top Pfizer executives pitch board on Starboard Value’s shake-up plan
Two of Pfizer’s former top executives have pitched at least four of its directors, including chief executive Albert Bourla, on activist investor Starboard Value’s plan for turning around the ...
4h
on MSN
Why Pfizer Stock Popped on Monday
Pfizer ( PFE 3.18%) stock jumped 3.1% through 11:20 a.m. ET Monday morning in response to a Wall Street Journal article over ...
7h
Pfizer Stock Slump: Will Starboard's Billion-Dollar Bet Spark Rebound?
Pfizer's stock has struggled due to declining demand for COVID-19 treatments, but activist investor Starboard's $1 billion ...
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