{"id":391721,"date":"2020-12-02T08:37:07","date_gmt":"2020-12-02T13:37:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=391721"},"modified":"2020-12-02T08:37:07","modified_gmt":"2020-12-02T13:37:07","slug":"starboard-delivers-letter-to-aci-worldwide","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/","title":{"rendered":"Starboard Delivers Letter to ACI Worldwide"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Urges the Board to Explore All Available Strategic Alternatives, Including a Sale of the Company<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 2, 2020<\/span> \/PRNewswire\/ &#8212; Starboard Value LP (together with its affiliates, &#8220;Starboard&#8221;), one of the largest shareholders of ACI Worldwide, Inc. (NASDAQ: ACIW) (&#8220;ACI&#8221; or the &#8220;Company&#8221;), with an ownership interest of approximately 9% of the Company&#8217;s outstanding shares, today announced that it has delivered a letter to David\u00a0 Poe, ACI&#8217;s Chairman, and <span class=\"xn-person\">Odilon Almeida<\/span>, ACI&#8217;s President\u00a0and CEO, with copies to the Company&#8217;s Board of Directors.<\/p>\n<p>The full text of Starboard&#8217;s letter can be viewed at the following link: <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996943-1&amp;h=2693732844&amp;u=http%3A%2F%2Fwww.starboardvalue.com%2Fwp-content%2Fuploads%2FStarboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf&amp;a=http%3A%2F%2Fwww.starboardvalue.com%2Fwp-content%2Fuploads%2FStarboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf\" rel=\"nofollow noopener noreferrer\">http:\/\/www.starboardvalue.com\/wp-content\/uploads\/Starboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf<\/a>\n      <\/p>\n<p>\n        <b>About Starboard Value LP<br \/><\/b>Starboard Value LP is a <span class=\"xn-location\">New York<\/span>-based investment adviser with a focused and differentiated fundamental approach to investing primarily in publicly traded U.S. companies. Starboard seeks to invest in deeply undervalued companies and actively engage with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders. <\/p>\n<p>\n        <b>Investor contacts:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Peter Feld<\/span>, (212) 201-4878<br \/><span class=\"xn-person\">Tom Cusack<\/span>, (212) 201-4814<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996943-1&amp;h=568396138&amp;u=http%3A%2F%2Fwww.starboardvalue.com%2F&amp;a=www.starboardvalue.com\" rel=\"nofollow noopener noreferrer\">www.starboardvalue.com<\/a><\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/starboard-delivers-letter-to-aci-worldwide-301183695.html\">http:\/\/www.prnewswire.com\/news-releases\/starboard-delivers-letter-to-aci-worldwide-301183695.html<\/a><\/p>\n<p>SOURCE  Starboard Value<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=AQ07410&amp;Transmission_Id=202012020832PR_NEWS_USPR_____AQ07410&amp;DateId=20201202\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Urges the Board to Explore All Available Strategic Alternatives, Including a Sale of the Company PR Newswire NEW YORK, Dec. 2, 2020 \/PRNewswire\/ &#8212; Starboard Value LP (together with its affiliates, &#8220;Starboard&#8221;), one of the largest shareholders of ACI Worldwide, Inc. (NASDAQ: ACIW) (&#8220;ACI&#8221; or the &#8220;Company&#8221;), with an ownership interest of approximately 9% of the Company&#8217;s outstanding shares, today announced that it has delivered a letter to David\u00a0 Poe, ACI&#8217;s Chairman, and Odilon Almeida, ACI&#8217;s President\u00a0and CEO, with copies to the Company&#8217;s Board of Directors. The full text of Starboard&#8217;s letter can be viewed at the following link: http:\/\/www.starboardvalue.com\/wp-content\/uploads\/Starboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf About Starboard Value LPStarboard Value LP is a New York-based investment adviser with a focused and differentiated fundamental approach to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Starboard Delivers Letter to ACI Worldwide&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-391721","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Starboard Delivers Letter to ACI Worldwide - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Starboard Delivers Letter to ACI Worldwide - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Urges the Board to Explore All Available Strategic Alternatives, Including a Sale of the Company PR Newswire NEW YORK, Dec. 2, 2020 \/PRNewswire\/ &#8212; Starboard Value LP (together with its affiliates, &#8220;Starboard&#8221;), one of the largest shareholders of ACI Worldwide, Inc. (NASDAQ: ACIW) (&#8220;ACI&#8221; or the &#8220;Company&#8221;), with an ownership interest of approximately 9% of the Company&#8217;s outstanding shares, today announced that it has delivered a letter to David\u00a0 Poe, ACI&#8217;s Chairman, and Odilon Almeida, ACI&#8217;s President\u00a0and CEO, with copies to the Company&#8217;s Board of Directors. The full text of Starboard&#8217;s letter can be viewed at the following link: http:\/\/www.starboardvalue.com\/wp-content\/uploads\/Starboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf About Starboard Value LPStarboard Value LP is a New York-based investment adviser with a focused and differentiated fundamental approach to &hellip; Continue reading &quot;Starboard Delivers Letter to ACI Worldwide&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-02T13:37:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Starboard Delivers Letter to ACI Worldwide\",\"datePublished\":\"2020-12-02T13:37:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/\"},\"wordCount\":203,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/\",\"name\":\"Starboard Delivers Letter to ACI Worldwide - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\",\"datePublished\":\"2020-12-02T13:37:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=AQ07410&amp;sd=2020-12-02\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/starboard-delivers-letter-to-aci-worldwide\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Starboard Delivers Letter to ACI Worldwide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Starboard Delivers Letter to ACI Worldwide - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/","og_locale":"en_US","og_type":"article","og_title":"Starboard Delivers Letter to ACI Worldwide - Market Newsdesk","og_description":"Urges the Board to Explore All Available Strategic Alternatives, Including a Sale of the Company PR Newswire NEW YORK, Dec. 2, 2020 \/PRNewswire\/ &#8212; Starboard Value LP (together with its affiliates, &#8220;Starboard&#8221;), one of the largest shareholders of ACI Worldwide, Inc. (NASDAQ: ACIW) (&#8220;ACI&#8221; or the &#8220;Company&#8221;), with an ownership interest of approximately 9% of the Company&#8217;s outstanding shares, today announced that it has delivered a letter to David\u00a0 Poe, ACI&#8217;s Chairman, and Odilon Almeida, ACI&#8217;s President\u00a0and CEO, with copies to the Company&#8217;s Board of Directors. The full text of Starboard&#8217;s letter can be viewed at the following link: http:\/\/www.starboardvalue.com\/wp-content\/uploads\/Starboard_Value_LP_Letter_to_ACIW_Board_12.02.2020.pdf About Starboard Value LPStarboard Value LP is a New York-based investment adviser with a focused and differentiated fundamental approach to &hellip; Continue reading \"Starboard Delivers Letter to ACI Worldwide\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-02T13:37:07+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Starboard Delivers Letter to ACI Worldwide","datePublished":"2020-12-02T13:37:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/"},"wordCount":203,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/","name":"Starboard Delivers Letter to ACI Worldwide - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02","datePublished":"2020-12-02T13:37:07+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ07410&amp;sd=2020-12-02"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/starboard-delivers-letter-to-aci-worldwide\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Starboard Delivers Letter to ACI Worldwide"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/391721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=391721"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/391721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=391721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=391721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=391721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}