1. Symantec Makes Deal with Starboard for New Board Members

    Symantec Makes Deal with Starboard for New Board Members

    Symantec Corp. SYMC, -1.15% announced Monday afternoon that it had reached a deal with activist investor Starboard Value LP for new board members. Symantec appointed three new directors, including Starboard managing member Peter Feld, to the board, and said it would negotiate with Starboard for one more member to be named after its annual meeting. Starboard had challenged Symantec by nominating five directors for a vote at the security-software company's annual meeting...

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