Marcato Capital Management has gone activist on NCR Corporation (NCR). The fund disclosed ownership of ~11mm shares of common stock (6.5% of S/O, same as last quarter). However, Marcato now states that in light of the company’s negative pre-announcement of third quarter 2014 earnings, and lowering of full-year 2014 guidance, Mr. McGuire should be immediately nominated to serve as a Director in NCR’s Board. Source: Filing
Activist Target
