( August 15, 2019, 21:36 GMT | Official Statement) -- MLex Summary: Activist shareholder Starboard Value has increased its stake in software company Symantec to 7.1 percent, up from 6.8 percent as of June 30 and 5.6 percent in February. The increase follows the surprise May resignation of Symantec's chief executive officer, Greg Clark. Starboard is now the third largest investor in Symantec, following T. Rowe Price at 14.8 percent and Vanguard at 10.3 percent. Symantec is Starboard's largest investment, accounting for more than 26 percent of the fund's portfolio value, according to regulatory filings.SEC filing follows....
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