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Yahoo to be named Altaba, Mayer to leave board after Verizon deal

January 10, 2017 by · Leave a Comment 

(Reuters) – Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. Yahoo has a deal to sell its core internet business, which includes its digital advertising,

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Yahoo to be named Altaba, Mayer to leave board after Verizon deal

marissa

Starboard launches proxy fight to remove entire Yahoo board

March 24, 2016 by · Leave a Comment 

Starboard, which has been pushing for changes at Yahoo since 2014 and owns about 1.7 percent of the company, said it would nominate nine candidates for the board. The proxy fight comes as Yahoo is pressing ahead with an auction of its core Internet business, which includes search, mail and news sites. Yahoo said in a statement it will review Starboard's nominees and respond in due course.

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Starboard launches proxy fight to remove entire Yahoo board

marissa

Starboard asks Yahoo to sell core business instead of Alibaba stake

November 19, 2015 by · Leave a Comment 

Activist investor Starboard Value LP asked Yahoo Inc to drop plans to spin off its stake in Alibaba Group Holdings Ltd due to tax concerns, and instead urged the company to sell its core search and display advertising businesses. Yahoo's current net cash holding and the funds raised from a sale of the business could be returned to shareholders through buybacks and…

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Starboard asks Yahoo to sell core business instead of Alibaba stake