LPSN - LivePerson jumps in after hours trading after activist Starboard takes stake
LivePerson Inc. (NASDAQ:LPSN) soared 11% in after hours trading after activist hedge fund Starboard value disclosed owning an 8.5% stake and its intention to nominate directors to the board. Starboard on Friday sent a letter to LivePerson to nominate four directors for the company's board, according to a 13D filing. Starboard intends to engage in discussions with management and the board regarding representation and the composition of the issuer's board. Developing story ..
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LivePerson jumps in after hours trading after activist Starboard takes stake