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Starboard To Push For Control Of Board In Upcoming Yahoo Talks: Sources

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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A man walks past a Yahoo logo during the Mobile World Congress in BarcelonaStarboard Value LP, the activist hedge fund leading an investor revolt against Yahoo Inc's management team, will push for control of the company's board in talks scheduled for next week, according to people familiar with the matter. Starboard is seeking at least four board representatives in order to gain control of Yahoo's seven-member board, the people said this week. Yahoo's board has been weighing whether to offer two or more seats to Starboard, the New York Post has reported.




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