Hedge Fund News From HedgeCo.Net

Hedge Fund Goes Nuclear on Yahoo Board

March 28, 2016 : Permanent Link

(Hartford Business News) Yahoo’s biggest adversary just showed Marissa Mayer its nuclear option. Making good on its threats, hedge fund Starboard Value called for the removal of Yahoo’s entire nine-member board on Thursday. The move is a significant escalation in an 18-month-long battle that could lead to Mayer’s ouster as CEO or the eventual sale of Yahoo.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Recent Posts

  1. S&P 500 futures edge up as Trump says he’s considering tariffs on Canada and Mexico
  2. Trump’s crypto-frenzied inauguration makes first family billions
  3. Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump
  4. Bitcoin touches new high of $109,000, then reverses in volatile session on Trump inauguration day
  5. TikTok restoring U.S. service after Trump provided ‘assurance’

Search


Categories