Starboard Presses Flowserve to Boost Results in Letter to Board
Starboard Value is questioning Flowserve Corp. management team’s execution and urging its board to press for changes after the hedge fund found the industrial equipment maker’s first-quarter results disappointing.
By Mengqi Sun, Liana Baker · Bloomberg Markets
Starboard Value is questioning Flowserve Corp. management team’s execution and urging its board to press for changes after the hedge fund found the industrial equipment maker’s first-quarter results disappointing.