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Yahoo investors mount pressure for turnaround

2015-12-14 09:47:00| Telecompaper Headlines

(Telecompaper) Yahoo is facing pressure from investor groups against giving CEO Marissa Mayer more time to show progress on the company's turnaround, reports the Wall Street Journal. Canyon Capital Advisors, one of Yahoo's 15 biggest shareholders, wrote to the board on 11 December urging it to find a buyer for the core internet business or the whole company. 

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