Daily Archives: January 30, 2012

Starboard Disappointed PRGS Mgmt did not Extend Nomination Deadline

  January 30, 2012 Jay Bhatt President and CEO Progress Software Corp 14 Oak Park Bedford, MA 01730   cc:           Board of Directors   Dear Jay, We appreciate the continued dialogue between Progress Software Corporation (“Progress” or the “Company”) and Starboard Value LP (“Starboard”).  Starboard and its affiliates currently own 5.1% of Progress, making us one of…