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News Breaks
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December 30, 2011
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| 05:27 EDT |  | AVID |
| theflyonthewall.com: | Starboard reports 6.1% stake in Avid Technology, nominates three to board | | Starboard disclosed that it engaged in discussions with management and the board of Avid Technology concerning certain matters, including the timing of the deadline for providing notice of the nomination of directors at the company's 2012 annual meeting of shareholders. On December 23, Starboard delivered a letter to Avid nominating Jeffrey Binder, Peter Feld and Edward Terino for election to the board at the 2012 Annual Meeting. Starboard added that it intends to engage in discussions with management, the board and shareholders regarding the nomination of directors. :theflyonthewall.com |
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