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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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The agitators behind Dow, DuPont, Yahoo moves

2015-12-12 02:38:03| Food - Topix.net

In this Aug. 16, 2006 file photo, Nelson Peltz addresses Heinz shareholders during the annual meeting in Pittsburgh. Trian Fund Management, run by Peltz, who helped push DuPont and Dow together on Friday, Dec. 11, 2015, a year after he argued the 200-year-old DuPont should be broken up into two companies.

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The agitators behind Dow, DuPont, Yahoo moves

2015-12-12 00:54:31| Chemicals - Topix.net

Behind the $130 billion merger of Dow and DuPont and the impending breakup of Yahoo were large investment firms that were agitating for change. These firms, known as activist investors, buy enormous numbers of shares in companies they think are not performing well and then use that power to influence corporate strategy.

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