RTTNews | Dec 2, 2020 09:37AM EST

09:37 Wednesday, December 2, 2020 (RTTNews.com) - Starboard Value LP, one of the largest shareholders of ACI Worldwide Inc. (ACIW), with an ownership interest of about 9% of the company's outstanding shares, has urged the company to explore all available strategic alternatives, including a sale of the company.

ACI has tremendous value, but it may not be appreciated in the public markets if organic growth rates do not significantly exceed guidance, Starboard said in a letter to the company.

Starboard believes a process to explore strategic alternatives will likely produce a better outcome for the benefit of shareholders.

Read the original article on RTTNews ( https://www.rttnews.com/3150386/starboard-urges-aci-worldwide-to-explore-strategic-alternatives-incl-sale.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved