Activist investor renews call for Yahoo to sell core business

  • 2/10/2023
  • 17:00
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SAN FRANCISCO/BENGALURU, Safar 22, 1437, Dec 4, 2015, SPA -- An activist investor on Thursday renewed its push for Yahoo Inc to abandon its plans to spin off its valuable stake in Chinese e-commerce giant Alibaba Group Holding Ltd and instead sell its core business "at the highest price possible." The pressure from Starboard Value LP came as Yahoo's board, in a three-day meeting that started on Wednesday, was reportedly weighing a number of options for the troubled company, Reuters reported. -- SPA 00:46 LOCAL TIME 21:46 GMT www.spa.gov.sa/w

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