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Starboard Adds Two More Nominees to Newell Board Slate

Business News

(Reuters) - Hedge fund Starboard Value LP said on Monday it nominated two additional directors to the board of Newell Brands Inc ( NWL.N ), taking its total nominees to 12 as the activist investor seeks to replace the board and the chief executive. The nominations come two weeks after Newell named two new independent directors, expanding the board size to 11, in an attempt to rebuff Starboard’s efforts...

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