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Activist investor turns up heat on Yahoo, seeks leadership change

2016-01-06 21:57:24| IT Services - Topix.net

REUTERS: Activist investor Starboard Value LP on Wednesday ramped up pressure on Yahoo Inc , taking aim at Chief Executive Officer Marissa Mayer and her leadership team and raising the prospect a proxy battle is nearing. Starboard in a letter to the board of directors dated Wednesday implied that Mayer and her officers needed to go, without naming her specifically.

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