Autodesk settles fight with Starboard, adds two to board

Q: How long will it take to read this news story?

The story "Autodesk settles fight with Starboard, adds two to board" has 562 words across 20 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Autodesk settles fight with Starboard, adds two to board" was covered 5 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 76 news stories per day. It's most recent story was published 32 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28194756</li><li>URL: https://chronographically.beamstart.com/news/autodesk-settles-fight-with-starboard-174550632196</li></ul>

Channel News Asia Logo Channel News Asia 5h ago

Autodesk settles fight with Starboard, adds two to board - Channel News Asia

Quick Summary:

Autodesk said on Thursday it will add two newcomers to its board and settle one of the year's most high-profile proxy fights after activist hedge fund Starboard Value mounted a boardroom challenge at the software-design company last month.

FILE PHOTO: Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc., speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019.

But proxy fights are generally considered time consuming and expensive, especially now as unpredictable economic policies are sparking sharp market movements that make it even tougher to predict how investors will vote in a boardroom fight, lawyers and bankers said.