Starboard Value LP (together with its affiliates, “Starboard”), a significant shareholder of Flowserve Corporation (“Flowserve” or the “Company”) (NYSE: FLS), today announced that it has delivered a letter to Flowserve’s Board of Directors, with a copy to the Company’s Chief Executive Officer, R. Scott Rowe, and Chief Financial Officer, Amy Schwetz.
The full text of Starboard’s letter to the Company can be viewed here.
About Starboard Value LP
Starboard Value LP is an investment adviser with a focused and differentiated fundamental approach to investing in publicly traded companies. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.
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