◆ Contrarian Corpus
Campaigns / Starboard Value → Multiple (BILL Holdings, Tripadvisor, Fluor Corporation)
Starboard Value vs. Multiple (BILL Holdings, Tripadvisor, Fluor Corporation)

Multiple (BILL Holdings, Tripadvisor, Fluor Corporation)

1 deck published between 2025-10-17 and 2025-10-17 — 114 pages, 114 analysed slides total. Outcome: ongoing.

follow up

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2025-10-17 follow up

    2025 10 2025_Active Passive_Investor_Summit_ _Starboard_Value_LP

    114pp · conference_presentation

    Three contrarian longs at undemanding multiples: BILL needs Rule of 40 discipline, Tripadvisor should break up TheFork and fix Viator, and Fluor must separate its $4bn NuScale stake.