Starbucks Nearing Agreement To Grant Elliott A Board Seat; Considering Review Of Capital Allocation And Operations
Portfolio Pulse from Benzinga Newsdesk
Starbucks is nearing an agreement to grant Elliott Management a board seat and is considering a review of its capital allocation and operations.
August 12, 2024 | 2:59 pm
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Starbucks is close to granting Elliott Management a board seat and is considering a review of its capital allocation and operations. This move could lead to significant changes in the company's strategic direction.
Granting Elliott Management a board seat could lead to significant changes in Starbucks' strategic direction, potentially improving operational efficiency and capital allocation. This is likely to be viewed positively by investors.
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