Activist Starboard Value Acquires $1B Stake in Pfizer – WSJ

Activist investor Starboard Value has acquired a $1 billion stake in pharmaceutical giant Pfizer. This move marks a significant investment by the firm, known for engaging with companies to enhance shareholder value. Starboard’s involvement is expected to prompt discussions around Pfizer’s strategic direction and operational efficiency. The investment reflects confidence in Pfizer’s potential to drive growth and generate returns in the healthcare sector. As the company continues to navigate the evolving market landscape, stakeholders will be watching closely for any changes or initiatives that may arise from Starboard’s engagement.