Activist investor Starboard builds stake in Solstice, urges focus on core business, FT reports
Activist hedge fund Starboard Value has built a stake in Solstice Advanced Materials (SOLS), the Financial Times reported, few weeks after the company’s $14.5B merger with Element Solutions was scrapped on August 27. Solstice, which was spun off from Honeywell, was valued at $9.4 billion
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