The fight is on at 3-D movie technology provider RealD. The company says that its board has �unanimously determined not to pursue� a $600 million unsolicited offer from Jeffrey Smith's activist hedge fund Starboard Value.
Activist investor Starboard Value LP has said it may take its activist campaign at RealD Inc. (RLD) to the next level. The hedge fund said late Wednesday it was reserving its rights to take "any action" necessary to propel its unsolicited offer to buy ...
RealD Inc., which makes 3D technology for movies, said it plans to cut costs by another $16 million, including an undisclosed number of job reductions, as it continues its efforts to streamline its business.
�By delivering the pixel level image enhancement capabilities of RealD TrueImage� as a cloud-based process on the Sundog platform, we are making this unique technology readily available for a wide range of productions.
In what has become a tradition, RealD 3-D has teamed up with Marvel Studios to make some fantastic 3-D glasses. Previous team ups included "The Avengers" and "Iron Man 3." I still have my Thor and War Machine glasses from both films.