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Starboard Investors Move To Oust Yahoo's Mayer

  • Variety, Thursday, March 24, 2016 10:48 AM

Yahoo now officially faces a fight for control of its board of directors. Starboard Value, which owns about 1.7% of Yahoo’s outstanding shares and has been vocal about its displeasure with CEO Marissa Mayer’s performance, is nominating nine candidates for election to Yahoo’s board — seeking to unseat Mayer and the other current directors.

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