1. Starboard's Smith Calls ACI Worldwide 'attractive' Takeover Target

    Starboard's Smith Calls ACI Worldwide 'attractive' Takeover Target

    Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc., speaks during an interview on CNBC on the floor of the NYSE in New York More By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investor Starboard Value, which now owns 9% of ACI Worldwide Inc, views the payment systems company as an "attractive" takeover candidate, the hedge fund's chief Jeffrey Smith said at a conference on Thursday...

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    1. ACI looks equally as attractive when you compare its current revenue multiple to recent transaction comps.
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