Why this project:
You’ll be putting everything you’ve learned about Finance into one project.
Career-wise, an activist hedge fund like Starboard would prove to be a very interesting company to work for (if you can get in the door). If you understand the company’s methodologies, it will increase the odds of getting hired.
Even if you don’t join an activist hedge fund company, being able to find great investment opportunities “diamonds in the rough” can be used almost anywhere (i.e. potential M & A candidate, investment in a company, stock pick, etc.)
Research and discuss the Starboard’s criteria and methodology. (I have included links in this folder for your perusal.) How do they select a company? What are its criteria? How do they go about their process of exerting control over the company?
You are a Senior Analyst working there. Find and investigate a potential company you think would be a suitable target for Starboard. What characteristics make the target company a good candidate based on your research? Conversely, what might make them not such a good candidate?
Assuming you gained a strong position in the company’s equity, what problems do you see with the company that needs to be overcome? What corrective actions would you suggest the company make?
The formal paper outlining your findings is due in Week 8 as your final exam. There is also a discussion board where you will share highlights from your report with the class.
Starboard Value’s Methodologies
The following are selected links that outline Starboard’s Investment methodologies:
How Starboard Value, the hedge fund trying to dismantle Yahoo’s board, has shaken up Corporate America
Starboard Value’s Jeff Smith: The investor CEOs fear most
Check out this very detailed article on Starboard Value and Jeff Smith, CEO.
Starboard Value LP is a New York-based investment adviser with a focused and fundamental approach to investing in publicly traded U.S. companies. Starboard seeks to invest in deeply undervalued companies and actively engage with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.
Starboard’s principals have managed investments in this manner since 2002.
You can read more about the company on their website. Make sure to check the biographies of senior management.
Activist Starboard Value Buys 9.9% Stake in Cars.com
Activist investor Starboard Value LP bought a 9.9% stake in Cars.com Inc. CARS +1.81% on the belief the stock is undervalued by a market that is betting heavily against it and ignoring the potential for a sale.
Starboard sees potential for the online auto marketplace to boost margins when it no longer has to share a large portion of its sales with the media companies that once controlled it, according to people familiar with the matter.
The New York hedge fund, known for taking stakes and pushing for change at companies including Yahoo and Darden Restaurants Inc., DRI -0.33% also sees the potential for Cars.com to be sold to a private-equity firm, the people added…
How a Shareholder Coup at Olive Garden’s Owner Sparked a Turnaround
This article details the turnaround experienced by Olive Garden, partially thanks to activist hedge fund Starboard Value. Please read this article for a background on how it went down.
As the best, my homework help website in the world, Writersabc.com strives to deliver only high-quality finished papers to all customers. We value impeccable quality and guarantee that we will deliver on that promise more than anything else. We will deliver!
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
Have you received your finished paper but are not satisfied with what our writer submitted? You can initiate our money-back guarantee to get your money back with no strings attached.Read more
Writersabc.com is the best my homework help website in the world. At WritersABC, we have a team of certified, tried, and tested writers who work around the clock to ensure that you receive only high-quality, 100% original finished papers.Read more
At WritersABC, we guarantee all our customers of the best essay writing service in the writing industry. And that’s precisely what we strive to deliver. As such, we encourage all our customers to utilize our unlimited free-revision policy if you aren’t satisfied with your paper. Don’t accept any paper until you are 100% satisfied with it.Read more
We value the trust that our clients accord us and respect every customers’ rights to personal data protection. We will never share, sell, or rent any information that we collect from you with any third parties. Both your personal and financial information is safe with us.Read more
We have only gotten this far with the help of our loyal customers and a team of dedicated experts. As the best, my homework help website, WritersABC implores customers to help make our writers’ work easier. Visit our fair-cooperation guarantee for more information on the same.Read more