Activist Starboard focusing on profitability at Salesforce, Splunk…

By Svea Herbst-Bayliss and David French NEW YORK, Oct 18 (Reuters) — Activist investor Jeffrey Smith said on Tuesday his investment firm Starboard Value was currently involved with Wix.com, Splunk and Salesforce, and was engaged with management for ways to bolster valuations of these high-growth companies. Smith said the common theme among all three companies…

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