Yahoo investor Starboard Value raises pressure on chief executive Marissa Mayer
by Reuters from Technology | The Guardian on (#ZW2S)
Shareholder's letter implies Mayer should leave as it calls for internet firm to separate Asian assets and auction off core business
The activist investor Starboard Value ramped up the pressure on Yahoo on Wednesday as it took aim at the company's chief executive, Marissa Mayer, and her leadership team.
In a letter to the internet company's board of directors, Starboard implied that Mayer and her fellow executives needed to go, without naming her specifically.
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