A recent filing with the US Securities and Exchange Commission has revealed that Starboard Value has initiated a massive position in Infoblox Inc (NYSE:BLOX). The investor has acquired 4.10 million shares of the company, which represent 7.10% of the outstanding stock. According to the filing, Starboard has economic exposure to some 4.33 million shares of Infoblox, which represent 7.5% of the outstanding stock due to holding some cash-settled total return swap agreements.
This must be computer generated. Nobody Could be this stupid to post day after day. If you don't believe me JUST GOOGLE IT !!!
If it is like KMP too many people elected to take all cash as I did and you ended up with part cash and part shares. Read the proposal very carefully.
I was a KMP shareholder and it was a nightmare come tax time. Three CPA turn me down when I explained the sale. It is a return on capital, long term capital gains and a sale of business all in one.I will sell if it looks like it is going to go thru.
If it is anything like KMP to KMI was it is a nightmare for taxes. I had two CPA turn me down. You have capital gains, ordinary income and business income.