Hints and tips:
...Mr Loeb gets three seats on the board....
...Third Point took a 6 per cent stake in Yahoo and agitated for the firing of two consecutive chief executives, Carol Bartz and Scott Thompson....
...After building a 5.1 per cent stake in Yahoo, Mr Loeb attacked its board for appointing Carol Bartz as chief executive, turning down Microsoft’s takeover bid and neglecting its relationships with Asian assets...
...He advocated the firing of Yahoo’s last two chief executives, Carol Bartz and Scott Thompson, and the exit of several board members....
...This year, poet laureate Carol Ann Duffy chairs the judging panel, joined by poets Michael Longley and David Morley....
...Carol Bartz has resigned from Yahoo’s board of directors in the latest development in a week of drama after Ms Bartz was ousted as the company’s chief executive....
...Carol Bartz last week....
...The new slate of 11 directors to be put to Yahoo shareholders will now include Daniel Loeb, head of Third Point, as well as two others nominated by the hedge fund, media industry veteran Michael Wolf and...
...The retired Madison Avenue advertising executive was thrust back into the spotlight this week after firing Yahoo chief executive Carol Bartz without having her successor in place....
...Dan Loeb of New York hedge fund Third Point has threatened a proxy fight to replace directors and would need to submit proposals by late March – putting pressure Yahoo to convince shareholders before then...
...Activist investor Daniel Loeb has bought a significant stake in Yahoo and launched a campaign against the board following its dismissal of Carol Bartz, chief executive....
...Yahoo rose 12 per cent to $14.48 after the sacking of chief executive Carol Bartz and news that activist investor Daniel Loeb had taken a 5 per cent stake in the company....
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