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Proxy Ho? Like Yahoo, AOL Could Face Alternate Board Slate From Irked...
Have you never heard of Starboard Value? Me, either! But the New York activist fund is readying to make a splash as soon as today, several sources said, if it follows through on the expected naming of...
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So It's the Kodak Strategy for Yahoo -- The Last Refuge of the Vaguely Patented
It was Yahoo legal head Mike Callahan who had the thankless task yesterday of calling Facebook’s general counsel Ted Ullyot to tell him the Silicon Valley Internet giant was intent on pursuing patent...
View ArticleYahoo Activist's Passive-Aggressive Strategy
Activist investors frequently agitate for companies to break themselves up. Not Daniel Loeb. Or so it would appear. In his coming quarterly investor letter, the head of Third Point lays out “The Case...
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Yahoo Sues Facebook for Patent Infringement, Which Social Network Calls...
In what is either the boldest gamble of its history or the most boneheaded, Yahoo has filed a massive patent infringement lawsuit against Facebook. The attack by the Silicon Valley Internet icon...
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Yahoo Hopes to Fight Back at Activist Shareholder Third Point With More New...
Yahoo leadership, betting it can stave off a challenge from activist shareholder Daniel Loeb of Third Point, has been stepping up efforts to name three additional new board members to replace...
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Loeb Demands Yahoo Board Fire CEO by Monday Over False Resume
Now that activist shareholder Dan Loeb has discredited Yahoo CEO Scott Thompson’s educational credentials and credibility, he’s going full bore after the company’s directors and demanding Thompson’s...
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Buffett Comments on Trust Issue in Yahoo CEO BioGate: "You've Got a Problem"
Activist shareholder Daniel Loeb of Third Point just got an unlikely and powerful ally in his proxy fight against Yahoo: Berkshire Hathaway’s famed Warren Buffett. In a wide-ranging interview on CNBC...
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CEO Says Sorry to Yahoos for Borked Bio "Distraction" -- But Will Mea Culpa...
He’s sorry. Deeply regrets. Apologizes. Takes full responsibility for the unfortunate distraction to the people. No, it’s not a scandal-ridden politician caught in some compromising position, but...
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Exclusive: Yahoo Director in Charge of Botched CEO Vetting to Step Down From...
CSLie has claimed its first victim, although the mystery is still unsolved. Patti Hart — the Yahoo director in charge of the search that resulted in the hiring of Scott Thompson as its CEO, making her...
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Place Your Bets: Will Loeb Drop Another Bomb on Yahoo at Vegas Confab Later...
Daniel Loeb of Third Point — the activist shareholder who set off a management crisis at Yahoo last week with the revelation that new CEO Scott Thompson had added a fake computer science degree to his...
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Loeb Calls Again for Thompson Firing From Yahoo, as Former eBay Boss Supports...
As expected, activist shareholder Daniel Loeb of Third Point released a new letter on the bio controversy he set off at Yahoo, again calling for the firing of its CEO, Scott Thompson. “It seems...
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Not So Scott Free? Yahoo's Other Big Shareholder -- Cap Re -- Leaning Toward...
One of Yahoo’s biggest long-term investors, Capital Research and Management, which owns more than 10 percent of the company in two different funds, is leaning toward voting for the slate proposed by...
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Is He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.
While he has only been CEO of Yahoo for less than five months, in the next several days Yahoo CEO Scott Thompson is facing perhaps the most critical moment of his short tenure. According to sources...
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Exclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb...
Yahoo’s embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science...
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Yahoo Officially Confirms ATD Report on CEO Changes and Proxy Settlement
Here you go, on what I reported earlier today on Yahoo CEO Scott Thompson stepping down, being replaced by current global media head Ross Levinsohn on an interim basis, the naming of board member Fred...
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Here's New Yahoo CEO's First Note to Troops! (The...
Here is the first missive to Yahoo’s troops from new interim CEO Ross Levinsohn, which I obtained from 653 sources at the company. (Joke alert! Sort of!) “Importantly, today’s announcements lay to...
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Yahoo's Parting With Thompson Will Be for "Cause" (aka CSLie)
According to numerous sources, Yahoo is claiming “cause” in its parting with former CEO Scott Thompson, related to the fake computer science degree on his resume. Such a determination will mean the...
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Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal -- Half Now, Then...
Yahoo is in the final stages of selling a large chunk of its stake in the Alibaba Group back to the company — in a complex deal that is set to include a multibillion-dollar share buyback to investors...
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Fat Lady Finally Sings: Yahoo and Alibaba Officially Shake on $7 Billion...
As AllThingsD reported several days ago they would, Yahoo and Alibaba Group have finally reached an agreement for the Silicon Valley Internet giant to sell back half its stake in the Chinese Web...
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With Stock Close to an All-Time High, AOL Tells Activist Shareholder to Go to...
AOL filed an investor presentation with the Securities and Exchange Commission today tooting its own horn, in prep for its upcoming annual meeting in which it is still facing a proxy challenge. In a...
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