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Activist Starboard Prepares to Launch Proxy Fight at Autodesk
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Activist investor Starboard Value is preparing to wage a proxy fight at Autodesk where it is seeking improvements to boost shares of the software-design maker. Starboard said Wednesday morning that it has a more than $500 million stake in Autodesk and intends to nominate a minority slate of director candidates ahead of the tech company’s coming annual meeting. This confirmed an earlier report by The Wall Street Journal.
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