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Coverage dated October 6, 2024

Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say

Headline from NBC 6 South Florida

Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.

NBC 6 South Florida's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

8 articles, oldest first.

  1. NBC 6 South Florida

    Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    Starboard’s stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.

  2. Investopedia

    Pfizer Stock Rises on Report Starboard Takes Roughly $1B Stake (opens Investopedia)

    Published

    Investopedia's feed description

    Starboard Value reportedly has taken a roughly $1 billion stake in Pfizer, as the activist investor seeks to turn the struggling drugmaker around.

  3. Insider

    Activist investor Starboard has informed Pfizer it has taken a stake (opens Insider)

    Published

    Insider's feed description

    Activist investor Starboard Value is looking to shake up the pharma giant's sagging stock price after taking a stake reportedly worth about $1bn.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say | Since Then