Monday 29 September 2014

Activist investor urges Yahoo-AOL tie-up

INTERNET SPACE
Activist investor urges Yahoo-AOL tie-up
New York (AFP) Sept 26, 2014 - An activist investment firm Friday urged Yahoo to explore a tie-up with online rival AOL, saying such a deal could help the struggling Internet pioneer "unlock" value for shareholders. Starboard Value LP, which said it had acquired a "significant" ownership interest in the company, said in an open later to Yahoo chief Marissa Mayer that bringing together the two early Internet giants could l ... more


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