Starboard calls for GoDaddy to cut costs
Large GoDaddy investor says company should cut costs and not pin hopes on a return of revenue growth. Activist investor Starboard Value, which owns 7.8% of outstanding GoDaddy (NYSE: GDDY) stock, has called for change at the company. In a letter to the company and board (pdf), Starboard noted that GoDaddy is significantly missing its […]
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