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Starboard launches proxy fight to remove entire Yahoo board
March 24, 2016 by admin · Leave a Comment
Starboard, which has been pushing for changes at Yahoo since 2014 and owns about 1.7 percent of the company, said it would nominate nine candidates for the board. The proxy fight comes as Yahoo is pressing ahead with an auction of its core Internet business, which includes search, mail and news sites. Yahoo said in a statement it will review Starboard's nominees and respond in due course.
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Starboard launches proxy fight to remove entire Yahoo board