Infoblox hires Morgan Stanley for activist defense: Bloomberg

June 1, 2016 9:27 PM

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Network management services provider Infoblox Inc, which was targeted by investor Starboard Value LP, has hired Morgan Stanley for activist defense, Bloomberg reported on Wednesday.

Starboard Value disclosed a 7.1 pct stake in the company and called its shares "undervalued" in April. (1.usa.gov/1SzFiSH)

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