Activist investor Starboard turns up heat on Yahoo, seeks leadership change

Activist investor Starboard turns up heat on Yahoo, seeks leadership change

Marissa Mayer, President and CEO of Yahoo, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California November 3, 2015. REUTERS/Elijah Nouvelage

Activist investor Starboard Value LP on Wednesday ramped up pressure on Yahoo Inc, taking aim at Chief Executive Officer Marissa Mayer and her leadership team and raising the prospect that a proxy battle is approaching.

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