... edge fund Starboard Value sent a letter to Yahoo last month calling for new management and a sale of the business. Making the company smaller and more profitable could help Mayer buy time with investo ...More
EJ Insight2016-02-02
... investor Starboard Value LP has urged Yahoo to sell its core business rather than proceed with the planned spin-off of its US$30 billion stake in Alibaba, which could trigger large tax payments. "Thi ...More
EJ Insight2015-12-09
... investor Starboard Value LP asked Yahoo last month to drop plans to spin off its stake in Alibaba Group Holding Ltd. due to tax concerns, and instead urged the company to sell its core business. -- C ...More
EJ Insight2015-12-08
... investor Starboard Value LP requested the move to avoid potential tax penalties associated with a spinoff of Alibaba. In January, chief executive Marissa Mayer announced the plan to spin off the Alib ...More
EJ Insight2015-12-07
Activist investment firm Starboard Value LP has urged Yahoo Inc. to undertake a "major overhaul" of its operations by cutting costs and narrowing the firm's business focus. While the spinoff of Yahoo' ...More
EJ Insight2015-03-10