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Starboard Builds $350 Million CarMax Stake, Seeks Board Seats

📅11 March 2026 at 00:06
📰Bloomberg
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Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.

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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.

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