Sunday, March 27, 2016

Groundswell in Yahoo – La Gaceta Tucumán

The investment firm Starboard Value called for the dismissal of the board of Yahoo, including its president, Marissa Mayer, who failed to revive the technology company after four years in office. The financial investor, pressing for changes in Yahoo, owns 1.7% of the company. He said he will propose nine candidates for the board of the company. The fight is carried out at a time when Yahoo began to manage a possible sale of parts of its business. The company fight with Google, with Alphabet and Facebook for the business of online advertising. In the past year, its shares fell 22%. (Reuters)

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