Starboard Value LP, a New York hedge fund run by Jeff Smith, filed a new 13D disclosing ownership of 1,192,000 shares of VVI as of August 13th. This gives Starboard Value a 5.9% stake in the company and is an increase of 402,930 shares over what they reported on their newly amended June 30th 13F filing. Their original June 30th 13F filing (filed on August 14th) omitted any Viad Corp holdings.
From Yahoo! Finance, Viad Corp, together with its subsidiaries, operates in exhibition and events, and travel and recreation industries primarily in North America, the United Kingdom, Germany, and the United Arab Emirates. The companys Marketing & Events Group segment designs, plans, and produces face-to-face events for show organizers, corporate brand marketers, and retail shopping centers.
|Reported via||Date||Name||Ticker||Shares||% of Portfolio|
|SC 13D||2012-08-13||Viad Corp||VVI||1,192,000||N/A|