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Autodesk settles fight with Starboard, adds two to board

Reuters
Summary
Nutrition label

81% Informative

Autodesk will add two newcomers to its board and settle one of the year 's most high-profile proxy fights.

Activist hedge fund Starboard Value mounted a boardroom challenge at the software-design company last month .

The settlement ends a fight with Starboard , the second in two years , where the hedge fund sought to persuade investors to elect three people, including its founder Jeff Smith .

VR Score

91

Informative language

97

Neutral language

73

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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