These 7 Blunt Words Just Opened a Can of Worms For Pfizer's Stock
The company's problems are no longer deniable. Pfizer's (PFE -0.66%) burgeoning tiff with activist investor group Starboard Value looks like it's escalating. Since the activist took a $1 billion stake in the drug developer, it's been an open question as to what it wants changed and how it proposes to do so. Now, after a presentation at the 13D Monitor Active-Passive Investor Summit by Starboard's CEO Jeffrey Smith on Oct. 22, there's a lot less ambiguity. In particular, Smith had seven simple and brutal wor ...