Starboard takes stakes in Symantec, proposes new board members

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(Telecompaper) The activist investor Starboard has acquired a stake in Symantec and is seeking to place five of its representatives on the cybersecurity company’s 11-person board. Symantec’s share price has nearly halved in the past year after it announced accounting problems, and Starboard thinks it can lead a turnaround at the group. 
Source: Industry News (syndicated from Telecompaper.com)

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