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  "documentTitle": "Tessera Technologies Inc. (TSRA)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2013-04-30 00:00:00",
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      "text": "Starboard Value LP is a deep value oriented investment firm that specializes in investing in underperforming companies and analyzing alternative strategies to unlock value for the benefit of all shareholders.",
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      "text": "Over the past ten years, Starboard has added or replaced approximately 97 corporate directors on approximately 35 corporate boards.",
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      "text": "Although it is difficult to quantify the direct impact of change in board composition on stock price performance, in our experience it has had a material positive impact. According to 13D Monitor, a leading independent research provider on shareholder activism: Starboard's average return on a 13D filing is 22.2% (versus an average of 5.0% for the S&P500 during the same time periods). However, when they have received a board seat, their average 13D return has been 27.8% versus 8.4% for the S&P500.",
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      "text": "Starboard has been making active investments in public companies for over ten years.",
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      "text": "average return on a 13D filing: 22.2%",
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      "text": "Starboard's average return on a 13D filing is 22.2% (versus an average of 5.0% for the S&P500 during the same time periods). However, when they have received a board seat, their average 13D return has been 27.8% versus 8.4% for the S&P500. — 13D Monitor",
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      "text": "(1) Includes investments that Starboard's investment team managed while at Starboard's predecessor, Ramius Value and Opportunity Master Fund, Ltd (2) Statistics from 13D Monitor as of April 18, 2013.",
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      "text": "Overview of Starboard Value LP",
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