Relational Investors LLC which owns 8.8% stake in SPX Corporation, has said in a filing with the U.S. Securities and Exchange Commission that SPX should consider strategic alternatives to boost its stock price. “The company should explore strategic alternatives for better achieving the long-term intrinsic value of the assets,” Relational Investors said in a filing. SPX shares rose 2.5% to $82.19 in midday trading on the New York Stock Exchange on February 25, 2013.

On April 12, 2012, Zogenix Inc. entered into an Office Sublease with Relational Investors, LLC to lease approximately 13,124 rentable square feet of office space from Relational Investors on the sixth floor of the building located at 12400 High Bluff Drive, Suite 650, San Diego, California 92130. The company intends to use the subleased premises as its new corporate headquarters, and the new space will replace the Company’s former San Diego office lease of approximately 12,929 rentable square feet expiring in April 2012. The space is leased to Relational Investors by Kilroy Realty, L.P. under an office lease dated as of June 1, 2004, as amended. On April 13, 2012, Kilroy consented to the entry into the Sublease by the company and Relational Investors, which date is the effective date of the Sublease. The term of the Sublease is expected to commence on April 23, 2012 and will expire on November 27, 2014. The initial base rent will be $34,122.40 per month, with rent being abated for the second, third and fourth months of the Sublease term. The base rent will increase approximately 3% on a yearly basis throughout the term. The Sublease also requires the company to pay, following the first 12 lease months, additional rent consisting of a portion of common area and pass-through expenses in excess of base year amounts. The Sublease also contains customary provisions allowing Relational Investors to terminate the Sublease if the Company is rendered insolvent or has failed to remedy a breach of any of its obligations under the Sublease within time periods specified in the Sublease. Kilroy may also terminate the Sublease if Relational Investors is in default of the Master Lease or if the Master Lease is terminated.

Relational Investors LLC said it may push PMC-Sierra Inc. for "strategic alternatives" aimed at lifting the stock price. Relational Investors said PMC-Sierra's board may need to consider "broader strategic alternatives." Those options include reducing PMC-Sierra's business lines or consolidating with other companies.