Yahoo Gives Up Four Board Seats To Activist Investor Starboard Value

Activist investor Starboard Value's partial takeover of Yahoo's board is expected to speed the sale of the Internet firm and bring a major management shake-up

BING NEWS:
  • Proxy adviser backs activist board nominees in blow to Norfolk Southern
    An influential shareholder adviser said it is recommending five activist investor nominees to serve on Norfolk Southern's board, in a report that ratchets up the pressure on the railway company's ...
    04/30/2024 - 5:27 am | View Link
  • Norfolk shareholders should vote a split ticket in activist fight, proxy firm advises
    The proxy advisory firm recommended a split ticket, backing five of the board candidates from activist Ancora Holdings Group, according to a report seen by Bloomberg. ISS threw its support behind four ...
    04/30/2024 - 4:31 am | View Link
  • Sensata soars as CEO exits, activist Elliott gets board seat
    Sensata Technologies (NYSE:ST) jumped 20%  after the company entered a pact with activist investor Elliott Investment Management and announced its CEO would be retiring. Sensata (ST) said Jeff Cote ...
    04/30/2024 - 2:44 am | View Link
  • Glass Lewis backs six of Ancora's nominees for Norfolk Southern board
    In a report dated April 28, Glass Lewis backed six out of Ancora's seven nominees and said Ancora had presented a compelling case for a management overhaul at Norfolk, adding the company has been ...
    04/29/2024 - 1:05 am | View Link
  • AEP aims to cut more jobs through voluntary severance program after January layoffs
    AEP has started another round of job cuts that the power company says are necessary to reduce the size of its workforce and reduce expenses.
    04/26/2024 - 11:04 pm | View Link
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