Starboard Pushes Yahoo (YHOO) For Major Overhaul

Shares of Yahoo! Inc. (YHOO) are down $0.28, or 0.67%, at $43.20 in early trading Monday after activist investor Starboard Value LP said in a letter to the Yahoo board that the web portal’s decision to spin off its stake in Alibaba Group Holdings Inc. (BABA) was a “good first step”. The firm insisted however, […] View the full post at: Starboard Pushes Yahoo (YHOO) For Major Overhaul Related posts: Alibaba Ready To Buy Back Yahoo Stake Major Yahoo Shareholder Demands Vote Recount Yahoo Layoff Memo: Slashing 10 Percent of Workforce