(CNBC) Activist hedge fund Starboard Value LP has started a proxy fight on Wednesday for control of Mellanox Technologies Ltd , calling the Israeli chipmaker deeply undervalued. Starboard, the largest shareholder of Mellanox with a 10.7 percent stake, said it would nominate a slate of nine candidates for election to the company’s board.
Starboard to Nominate Nine Candidates to Mellanox Board
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