{"id":62802,"date":"2018-03-16T01:05:05","date_gmt":"2018-03-16T05:05:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62802"},"modified":"2018-03-16T01:05:05","modified_gmt":"2018-03-16T05:05:05","slug":"three-starboard-nominees-to-newell-board-agree-to-buy-stake-if-elected","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2018\/three-starboard-nominees-to-newell-board-agree-to-buy-stake-if-elected.html","title":{"rendered":"Three Starboard Nominees to Newell Board Agree to Buy Stake if Elected"},"content":{"rendered":"<p>\n(Reuters) Starboard Value LP, which is looking to replace the entire board of Newell Brands Inc (NWL.N), said on Wednesday three of its nominees would buy about $25 million in Newell stock with their own money if the activist hedge fund gained full board control.   Starboard has nominated a 12-member slate to Newell\u2019s board and wants to oust the company\u2019s CEO Michael Polk, arguing the maker of Rubbermaid, Crock-Pot slow cookers and Yankee Candles has underperformed peers and mismanaged its $15.4 billion acquisition of Jarden Corp in 2016.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-newell-brands-starboard\/three-starboard-nominees-to-newell-board-agree-to-buy-stake-if-elected-idUSKCN1GQ1I0\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Starboard Value LP, which is looking to replace the entire board of Newell Brands Inc (NWL.N), said on Wednesday three of its nominees would buy about $25 million in Newell stock with their own money if the activist hedge [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62802","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62802"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62802\/revisions"}],"predecessor-version":[{"id":62803,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62802\/revisions\/62803"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}