Box Responds to Schedule 13D Filing from Starboard Value LP
September 03 2019 - 6:21PM
Business Wire
Box, Inc. (NYSE: BOX), a leader in Cloud Content Management,
today issued the following statement in response to the Schedule
13D filing from Starboard Value LP.
“While we do not comment on interactions with our investors, Box
is committed to maintaining an active and engaged dialogue with
stockholders. The Board of Directors and management team are
focused on delivering growth and profitability to drive long-term
stockholder value as we continue to pioneer the Cloud Content
Management market.”
About Box
Box (NYSE:BOX) is a leading Cloud Content Management platform
that enables organizations to accelerate business processes, power
workplace collaboration and protect their most valuable
information, all while working with a best-of-breed enterprise IT
stack. Founded in 2005, Box works with 69 percent of the Fortune
500, including AstraZeneca, General Electric, JLL, and Nationwide,
to drive business outcomes. Box is headquartered in Redwood City,
California, with offices across the United States, Europe and Asia.
To learn more about Box, visit http://www.box.com.
Forward-Looking Statements
This press release contains a number of forward-looking
statements. Words, and variations of words such as “believe,”
“expect,” “plan,” “continue,” “will,” “should,” and similar
expressions are intended to identify our forward-looking
statements. No assurance can be given that future results expressed
or implied by the forward-looking statements will be achieved and
actual results may differ materially from those contemplated by the
forward-looking statements. These forward-looking statements
involve risks and uncertainties, many of which are beyond our
control. Additional information on potential factors that could
affect Box’s business and financial results is included in the
reports on Forms 10-K, 10-Q and 8-K and in other filings Box makes
with the Securities and Exchange Commission from time to time.
These documents are available on the SEC Filings section of Box’s
Investor Relations website located at www.box.com/investors. Box
does not assume any obligation to update the forward-looking
statements contained in this press release to reflect events that
occur or circumstances that exist after the date on which they were
made.
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version on businesswire.com: https://www.businesswire.com/news/home/20190903005934/en/
Investor Relations: Alice Kousoum Lopatto and Elaine Gaudioso +1
650-209-3467 ir@box.com
Media Inquiries: Denis Roy and Rachel Levine +1 650-543-6926
press@box.com
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