Ron Burgundy Posted February 18, 2016 Share Posted February 18, 2016 (Reuters) - Starboard Value LP is taking initial steps toward a potential proxy fight with Yahoo Inc, indicating that the activist investor is not satisfied with Yahoo's efforts to streamline its business, Bloomberg reported citing people familiar with the matter. Okapi Partners LLC, a proxy-solicitation adviser typically used by Starboard, has been calling Yahoo shareholders, Bloomberg said. Starboard, which owns about 0.75 percent of Yahoo, has been pushing for changes at the Internet company since 2014, asking it to separate its Asian assets and sell the core business. View the full article Quote Link to comment Share on other sites More sharing options...
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