Starboard Value Acquires Stake in Shake Shack
Activist investor Starboard Value has revealed that it has taken a stake in the restaurant chain Shake Shack. Starboard CEO Jeff Smith confirmed the new position.
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Starboard Reveals Shake Shack Stake | Bloomberg Deals 8/5/2026
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Starboard CEO Jeff Smith, Salesforce Ventures Managing Director Emily Zhao, Dell Technologies Capital Managing Director Daniel Doctor, Breakout Ventures Co-Founder & Managing Partner Julia Moore, White & Case Global Co-Head of M&A Kimberly Petillo-Décossard, and DGB Investments Founder Douglas Bergerson. (Source: Bloomberg)
Read full article →Activist investor Starboard takes stake in Shake Shack, source says: Reuters
Starboard Value previously made investments in other restaurant companies such as french fry supplier Lamb Weston as well as coffee chain Starbucks.
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