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Reuters

Reuters

Business

Business & Economics

T. Rowe Price Investment Management to back Starboard in Autodesk proxy fight, source says

Reuters
Summary
Nutrition label

79% Informative

T. Rowe Price Investment Management , one of Autodesk 's biggest investors, plans to vote for activist investor Starboard Value's nominees.

The source, who was not permitted to speak publicly about the decision, did not provide a reason for backing Starboard .

Starboard last month nominated three candidates, including its chief executive, after criticizing company for underperformance.

VR Score

90

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97

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43

Article tone

formal

Language

English

Language complexity

61

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not offensive

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not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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