1. Activist Shareholder Starboard Urges ACI Worldwide To Put Itself Up For Sale

    Activist Shareholder Starboard Urges ACI Worldwide To Put Itself Up For Sale

    Activist investor Starboard Value wants payments firm ACI Worldwide to put itself up for sale. Starboard is a significant shareholder with a 9 percent stake in ACI, which means that its letter released on Wednesday (Dec. 2) urging a deal is likely to get at least some attention from the ACI board, which has not yet responded...

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    1. Before embarking on a transition that could last a decade, we believe the board must currently explore all available strategic options to maximize value, including a sale of the company.
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