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Office Depot, Inc. Message Board

  • justa_country_boy justa_country_boy Apr 22, 2013 10:42 AM Flag

    Starboard fighting for board seats

    My opinion:
    This will be the only way they get them. Austrian and company seem to have no intention of doing anything other than lining their own pockets.

    Of course, if Starboard gets in and the merger doesn't go though, they will probably tear the company apart and sell it piecemeal.

    Nobody gives a #$%$ about the little guys Ike us.

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    • Look, Starboard put up over a hundred million dollars to buy 15% of ODP stock. They did not buy it to lose money on the stock, in fact one of the biggest reasons the stock has gone up is the demand from them. How they go about improving shareholder value (i.e. selling ODP Mexico, or some other International divisions) is not as germane as the fact that they want the share price to increase, which benefits little guys as well as big guys. If you have your money invested in this stock they Starboard is your ally, not your enemy. As the largest shareholder they have more to gain or lose than anyone

      Sentiment: Hold

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