Activist investor Starboard Value has amassed a stake in Alight and nominated four people to the company’s board of directors in a push for changes, people familiar with the matter told Reuters’ Svea Herbst-Bayliss. Starboard has nominated three independent candidates and one of its own executives as candidates, the sources said.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ALIT: