Yahoo Inc. has come to an agreement with activist investor Starboard Value and will add four new directors to its board, the struggling tech company said Wednesday. The announcement ends a proxy fight that began last month when Starboard said it would nominate nine directors to Yahoo's board. If...
SAN FRANCISCO (AP) — Yahoo has reached a truce with an activist investor threatening to oust CEO Marissa Mayer and the rest of its board, removing a major distraction as the company evaluates bids to buy its Internet operations. Mayer...Show More Summary
Yahoo on Wednesday announced a deal that should end a nearly year-long tussle with a New York hedge fund that had threatened to unseat its entire board. Starboard Value has been a vocal critic of the tech giant, which has struggled to...Show More Summary
Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here. Yahoo finally caved. The tech company has...Show More Summary
Yahoo! Inc. scored a narrow victory against activist investor Starboard Value LP, averting a proxy war that threatened its board and Chief Executive Officer Marissa Mayer, and letting management... To view the full story, click the title link.
Starboard Value, a New York hedge fund, has gained four seats on Yahoo's board.
Yahoo has come to terms with activist investor Starboard, and will add four of Starboard’s independent directors to its board. Among those four additions is Starboard CEO Jeff Smith. Independent directors Lee Scottand Sue James willShow More Summary
Yahoo Inc. said Wednesday that it has come to an agreement with activist investor Starboard Value and will add four new directors to its board. The announcement ends a proxy fight that began last month when Starboard said it would nominate nine directors to the Sunnyvale, Calif., tech company's...
Activist investor Starboard Value gets Yahoo to lean its way with the addition of four new members to its board of directors.
Yahoo! (YHOO) shares are up 45 cents, or 1.2%, in pre-market trading, at $37.56, after the company this morning said it has resolved a standoff with activist investors Starboard Value LP and that it will appoint four Starboard nominees immediately to its board of directors. The nominees joining are Starboard CEO Jeff Smith, Tor Braham, Richard S. […]
The activist hedge fund had proposed its own slate of directors if Yahoo did not proceed with a deal to sell its core business.
Yahoo agreed with Starboard to add four members to its board, ending the proxy fight the hedge fund launched last month that set up a battle over the future of the Web giant.
(Reuters) - Yahoo Inc on Wednesday agreed to add four new independent directors to its board, bowing to pressure from activist hedge fund Starboard Value LP. Yahoo said Starboard Chief Executive Jeffrey Smith along with Tor Braham, Eddy Hartenstein, and Richard Hill would join its board immediately. Show More Summary
Yahoo has reached a settlement with activist investor Starboard, and will add four of Starboard's independent directors to its board. Starboard CEO Jeff Smith will be among those joining Yahoo's board. Two current board members, independent...Show More Summary
Yahoo! Movies has premiered the official trailer for BATMAN: THE KILLING JOKE, the animated adaptation of the acclaimed graphic novel by Alan Moore. The film brings back Kevin Conroy as Batman and Mark Hamill as the Joker BATMAN: THE KILLING JOKE is probably best known for having the most horrific Joker stories ever. Show More Summary
Republican Donald Trump marked his sweeping victory in Tuesday’s primaries in part by denigrating Hillary Clinton as a gender-based candidate, Yahoo News reported. If the former secretary of state were a man, Trump said during his victory speech, “I don’t think she’d get 5...
Prince was found dead at Paisley Park last week. Now, the 50,000 square foot estate and studio complex near Minneapolis is set to become a Graceland-style museum dedicated to the iconic artist, Yahoo! News reports. As Prince’s brother-in-law Maurice Phillips told The Sun, “We will turn Paisley Park into a museum in Prince’s memory. It […]
John Legere, president and chief executive officer at T-Mobile US Inc., talks with Emily Chang about first-quarter results, raising the company's subscriber growth forecast, and Verizon's pursuit of Yahoo.
(Photo by Rob Pegoraro/Yahoo Tech)
Guy Vidra, former head of Yahoo News, has resigned as CEO on the New Republic. The fact that it’s hard to care about any headline containing “New Republic” and “Yahoo News” says everything you need to know about the cause and effectShow More Summary