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  "documentTitle": "Office Depot, Inc. (ODP)",
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  "presentationDate": "2013-08-02 00:00:00",
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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. Past performance is not indicative of future results and no representation is being made herein that any investment will or is likely to achieve returns in line with historical data.",
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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": "Starboard has been making active investments in public companies for over ten years.",
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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": "Over the past ten years, Starboard has added or replaced approximately 106 corporate directors on approximately 38 corporate boards.",
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      "text": "average return: 27.8%",
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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": "Overview of Starboard Value LP",
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