Starboard Value Urges Lamb Weston to Double Cost Cuts and Review Overseas Operations
A Sizable Bet on Turnaround Potential (Image Credits: Pixabay) Idaho-based frozen potato producer Lamb Weston Holdings faced renewed activist scrutiny after Starboard Value disclosed a significant stake and outlined steps to boost profitability.[1][2] A Sizable Bet on Turnaround Potential Starboard Value LP built a substantial position in Lamb Weston over time, emerging as one of the company’s largest shareholders. The activist investor, led by Jeffrey Smith, viewed the shares as undervalued amid recent market weakness. Lamb Weston, with a market value near $6.5 billion, supplies french fries and other potato products to major fast-food chains including McDonald’s and Yum Brands.[3][1] … Read more









