December 16, 2014 | The US investment fund Starboard sold most of its stake in the Israeli company DSP Group, a company that develops chipsets for cordless phones. The announcement comes 18 months after Starboard ousted the chairman of DSP Group. Starboard reportedly sold its 4.8 percent stake in the company, worth $11.3 million, and will no longer be considered a party of interest. Starboard became an investor in DSP Group in 2011 when it purchased shares worth $12 million at a share price of $7.8.
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