Brief: Starboard Value Reports A 4.9% Stake In ACI Worldwide

ACI Worldwide

01/04/2022 22:39

April 1 (Reuters) - Starboard Value LP:
    * STARBOARD VALUE LP REPORTS A 4.9% STAKE IN ACI WORLDWIDE
INC AS
OF MARCH 30, 2022 - SEC FILING
    * STARBOARD VALUE LP PREVIOUSLY HELD A 7.7% STAKE IN ACI
WORLDWIDE
INC AS OF FEBRUARY 24, 2021 - SEC FILING
    * STARBOARD VALUE LP SAYS BELIEVES ACI WORLDWIDE REMAINS
SIGNIFICANTLY UNDERVALUED
    * STARBOARD VALUE LP SAYS INTENDS ON REMAINING A LARGE
SHAREHOLDER
OF ACI WORLDWIDE
    * STARBOARD VALUE LP SAYS HAS UNDERTAKEN SALES REPORTED IN
AMENDMENT NO. 3 OF ACI WORLDWIDE AS PART OF A BROADER
REBALANCING OF STARBOARD’S PORTFOLIO

Further company coverage:  ACIW.O 

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