Technology | Healthcare Information Services | USA
Cerner Stock Jumps 10% on Stock Buyback and Truce with Activist Firm Starboard
Shares of health-care-technology provider surge after the company announces agreement with Starboard to appoint new directors.
Health-care-technology provider Cerner (CERN - Get Report) jumped more than 10% Tuesday after the company reached an agreement with activist hedge fund Starboard Value LP to appoint four Starboard-approved directors to its board and boosted its buyback program by $1.2 billion.
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https://www.thestreet.com/investing/cern...yptr=yahoo
Cerner Stock Jumps 10% on Stock Buyback and Truce with Activist Firm Starboard
Shares of health-care-technology provider surge after the company announces agreement with Starboard to appoint new directors.
Health-care-technology provider Cerner (CERN - Get Report) jumped more than 10% Tuesday after the company reached an agreement with activist hedge fund Starboard Value LP to appoint four Starboard-approved directors to its board and boosted its buyback program by $1.2 billion.
...
https://www.thestreet.com/investing/cern...yptr=yahoo