Hedge fund to nominate Calgon Carbon directors

Starboard Value (New York), a hedge fund, intends to nominate three directors to Calgon Carbon’s board at the company’s next annual meeting, according to a regulatory filing. The fund purchased a 7.7% stake in Calgon Carbon, worth $69.6 million, last week, according to Thomson Reuters (New York) data. Calgon Carbon’s board contains eight directors. “We welcome shareholders who believe in our investment potential, and we are open to ideas that can create shareholder value,” Calgon Carbon says. The company has not set a date for its 2013 annual...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Forgot your user ID or password? Click here to have it sent to you.

If you are not yet a subscriber and would like to access the turnkey information found only in Chemweek’s Business Daily, subscribe now and you’ll get the most important news of the chemical industry delivered directly to your inbox—every day.

Sign up for a FREE 15-day trial of IHS Chemical Week Business Daily