activistinvestor
Latest
Activist investor wants to replace all Yahoo's directors
In many ways, Yahoo is the internet's metaphorical grandparent. We don't visit nearly enough, and we're all avoiding thinking about what might happen to it. Well, it looks like an equally metaphorical rich Aunt is stepping in and taking care of that for us. The WSJ reports that "activist investor" Starboard Value LP is coming good on an earlier threat of getting rid of Yahoo's existing directors, and putting forward nine new ones, of its choosing, in their place.
