NY hedge fund manager Loeb launches open war on Yahoo

FirstPost: Tech –  Hedge fund manager Daniel Loeb has intensified his firm Third Point’s proxy battle with Yahoo, launching a website calling for a management shakeup at the online media company.

ValueYahoo.com also boasts a blog, links to articles covering the proxy fight, and biographies of four proposed board nominees, including Loeb himself. Loeb is using the website to line up support for Third Points’ positions ahead of Yahoo’s annual meeting expected to take place in June.

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