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Stock impact report

Activist investor Jeff Ubben to join Bayer’s supervisory board [FT.com - Mergermarket]

Syros Pharmaceuticals, Inc. (SYRS) 
Last syros pharmaceuticals, inc. earnings: 3/5 06:57 am Check Earnings Report
US:NASDAQ Investor Relations: ir.syros.com
Olaf StorbeckPatrick Temple-WestJump to comments sectionStay informed with free updatesSimply sign up to the Digest -- delivered directly to your inbox.Activist investor Jeff Ubben is set to join Bayer’s supervisory board as the struggling German aspirin-to-glyphosate conglomerate prepares to update investors about a potential break-up early next week.disclosed a 0.83 per cent stake in BayerAnderson has blasted the German conglomerate’s performance as “not acceptable”, announcing in February the suspension of the dividend for three years to preserve cash and lower its crippling debt burden.In response to pressure from investors to break itself up, the new CEO last year launched a strategic review and will update investors at its capital markets day next Tuesday when it will also report annual results.Ubben told the Financial Times on Thursday that he continued to hold his stake and declined to comment further. A co-founder of activist fund ValueAct, Ubben said Show less Read more
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