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Yahoo Stock Price in Focus Today as This Big Push for Changes Revealed
The Yahoo stock price is one to watch in coming weeks now that a hedge fund proposed a plan to make major changes to the company's board.
Starboard Value LP, the hedge fund behind the plan, is one of Yahoo! Inc.'s (Nasdaq: YHOO) largest shareholders, with an approximately 1.7% stake. That represents an investment of about $570 million.
The Yahoo stock price is one to watch in coming weeks now that a hedge fund proposed a plan to make major changes to the company's board.
Starboard Value LP, the hedge fund behind the plan, is one of Yahoo! Inc.'s (Nasdaq: YHOO) largest shareholders, with an approximately 1.7% stake. That represents an investment of about $570 million.