By Alexei Oreskovic
SAN FRANCISCO (Reuters) - Activist INVESTOR (INVEB.ES)Starboard Value LP said on Friday it has acquired a significant stake in Yahoo Inc
Shares of Yahoo Inc were up 3.75 percent at $40.41 at midday.
In a letter to Yahoo Chief Executive Marissa Mayer, Starboard said it was looking forward to "engaging directly" with Yahoo to discuss how its plan could be implemented in a timely manner.
"We believe a merger of AOL and Yahoo's core business may be one of the best ways to both fully seize the cost reduction opportunity and also to tax efficiently monetize Yahoo's non-core equity holdings," the letter said.
(Reporting by Alexei Oreskovic; Editing by David Gregorio)
Relacionados
- Casi un 39% de las entidades locales menores de CyL ha rendido la cuenta de 2013, requisito legal para no desaparecer
- Entidades sociales urgen al Govern a definir el perfil de familias con pobreza energética
- Formentera subvenciona con 10.835 euros a cuatro entidades que trabajan para la inserción de los inmigrantes
- Más de 80 entidades y casi 900 personas se adhieren al manifiesto por cierre del CIE
- La Cursa de la Mercè reúne a 18.000 corredores y destina 90.000 euros a entidades sociales
