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Yahoo Shareholder Urges Company To Move Quickly With Auction: Letter


Ron Burgundy
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A Yahoo logo is pictured in front of a building in Rolle"We remain concerned that the process is not moving as quickly as it should, and that Company management does not fully support the Board's direction in this regard," said the letter, which was sent to Yahoo's board of directors, its chief financial officer, and CEO Marissa Mayer on Tuesday. Yahoo did not immediately respond to a message seeking comment. Yahoo officially launched the sale of its core business on Friday, a move that Canyon Capital and other shareholders, including activist Starboard Value, had been pushing for since late last year.




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