Around the Net

Starboard Wants Yahoo To Sell Core Business

  • Reuters, Thursday, November 19, 2015 11:52 AM
Rather than sell its stake in Alibaba Group Holdings, activist investor Starboard Value wants Yahoo to drop plans to sell its core search and display advertising businesses. “Starboard, calling itself a ‘significant shareholder’ in Yahoo, said it made the letter public as efforts to talk with the company privately over the past year had not yielded positive results,” Reuters reports.

Read the whole story at Reuters »

Next story loading loading..