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Starboard Value Targets Solstice Advanced Materials, Pushes for $100 Million in Cost Cuts
FirstSquawk, citing the Financial Times, says the push targeting the Honeywell spin-off follows a failed megadeal.
TLDR
FirstSquawk, citing the Financial Times, says Starboard Value is targeting Solstice Advanced Materials, a Honeywell spin-off, after a failed megadeal. Starboard is pushing for $100 million in cost cuts.
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