Activist Client Starboard Nominates Slate for Election at AOL’s 2012 Annual Meeting

The Wall Street Journal, The New York Post, Forbes, Business Week and other national media reported on Starboard Value’s announcement it has nominated five candidates for election to AOL’s Board of Directors. Starboard is one of AOL’s largest shareholders with a 5.2% position and previously sent a letter to AOL’s CEO in December 2011 expressing its serious concerns at the company. Steve Wolosky, Andrew M. Freedman, and Meagan M. Reda represent Starboard Value in connection with its activist investment at AOL.