Newell Brands: Activist/4% holder Starboard Value issues letter to shareholders, reiterates serious concerns with the Company's 'significant underperformance' under the current leadership team (238.40)
Starboard also announced that it has nominated two additional director candidates, Bridget Ryan Berman and Robert A. Steele, for election to the Board of Directors (the "Board") at the Company's 2018 Annual Meeting of Stockholders in response to Newell's unilateral expansion of the Board.