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Starboard Value Takes Stake in Fluor as Industrial Investment Cycles Reaccelerate
Summary by The Motley Fool
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1 Articles
Starboard Value Takes Stake in Fluor as Industrial Investment Cycles Reaccelerate
Key PointsStarboard Value LP established a new position by acquiring 5,191,327 shares of Fluor Corporation; estimated trade size was $205.73 million based on quarterly average price.The quarter-end value of the position increased by $205.73 million, reflecting the new share purchase.The transaction represented a 3.9% change in the fund's reportable U.S. equity assets under management (AUM).At quarter-end, Starboard Value LP held 5,191,327 shares…
·Alexandria, United States
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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