{"id":62900,"date":"2018-03-23T00:59:11","date_gmt":"2018-03-23T04:59:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62900"},"modified":"2018-03-23T00:59:11","modified_gmt":"2018-03-23T04:59:11","slug":"starboard-nominees-to-newell-board-withdraw-after-icahn-move","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2018\/starboard-nominees-to-newell-board-withdraw-after-icahn-move.html","title":{"rendered":"Starboard Nominees to Newell Board Withdraw after Icahn Move"},"content":{"rendered":"<p>(Reuters) Activist hedge fund Starboard Value LP said on Tuesday four of its nominees to Newell Brands Inc\u2019s board withdrew, a day after the consumer products maker handed board seats to billionaire investor Carl Icahn.Starboard, the $8 billion hedge fund run by Jeffrey Smith, lined up three former Newell board members and others to run for board seats with the aim of pushing Newell management to improve operations and sell assets.  The fund wanted to replace 12 directors, including Chief Executive Officer Michael Polk, arguing that the maker of Sharpie markers, Rubbermaid containers and Elmer\u2019s glue had underperformed its peers and mismanaged a 2016 acquisition of Jarden Corp.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-newell-brands-starboard\/starboard-nominees-to-newell-board-withdraw-after-icahn-move-idUSKBN1GW1HO\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist hedge fund Starboard Value LP said on Tuesday four of its nominees to Newell Brands Inc\u2019s board withdrew, a day after the consumer products maker handed board seats to billionaire investor Carl Icahn.Starboard, the $8 billion hedge fund [&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-62900","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62900","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=62900"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62900\/revisions"}],"predecessor-version":[{"id":62901,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62900\/revisions\/62901"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}