Seeking Alpha

Progress Software (PRGS) discloses activist fund and AOL archenemy Starboard Value is...

Progress Software (PRGS) discloses activist fund and AOL archenemy Starboard Value is withdrawing its board nominees for Progress' May 31 shareholder meeting, thanks to its satisfaction with the company's recently-announced strategic plan. The plan includes the divestment of ten product lines, a $350M+ share repurchase program, and restructuring efforts that target $40M in annual cost savings.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector