Starboard launches proxy fight to remove entire Yahoo board
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/10/2026
Go back to Starboard launches proxy fight to remove entire Yahoo board
March 24, 2016 9:33 AM EDT
SunTrust Robinson Humphrey analyst, Robert Peck, noted that Starboard filed its nominations for Yahoo's (NASDAQ: YHOO) board. The list includes investment banker Tor Braham, tech executives Dale Fuller and Richard Hill, media executive Eddy Hartenstein and Starboards CEO Jeffrey Smith. Other shareholders, such as SpringOwl and Canyon, have become increasingly... More
March 24, 2016 8:02 AM EDT
Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Yahoo! Inc. (NASDAQ: YHOO) with an ownership interest in approximately 1.7% of Yahoo's outstanding shares, representing an investment of approximately $570 million, announced that it is nominating a slate of nine highly qualified candidates for election to Yahoo's Board of Directors at the 2016 Annual Meeting.
Starboard also announced today that it has delivered the following open letter to Yahoo shareholders, which includes the names and detailed biographies of each of Starboard's nominees towards the end:
A... More
March 24, 2016 7:43 AM EDT
Starboard nominates nine directors to Yahoo!'s (NASDAQ: YHOO) board, according to Bloomberg.
...
More
