Yahoo: Board Help Us
Starboard Value is meeting up with the Yahoo board next week. Yahoo is hoping to avoid a proxy battle. A settlement is likely - and the best outcome. But Starboard still wants a sale of the company's core business. Meanwhile, Yahoo is still moving ahead with its plan to spinoff the core business (noting that it expects it to be done taxable).
What's making it even harder to get Yahoo sold is that Marissa Mayer wants to remain in control. Something that any buyer should be against.
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