Loeb disclosed he's boosted his Yahoo holdings to about 6 percent. He also wants to mount a proxy battle to elect former NBCUniversal boss Jeff Zucker, hedge fund executive Harry Wilson and Activate CEO Michael J. Wolf with himself to the board. Yahoo,...

The Internet company says this morning that last week it “proactively engaged in discussions with many of our largest shareholders, including Third Point” and invited them to suggest potential board candidates. That’s why Yahoo says ”it is especially...

"It is imperative to accelerate the transition of the Retiring Directors and introduce new outside nominees." It has led to speculation that even Thompson's job isn't safe. Loeb looks intent on trying again to make Yahoo a content company, nominating...

The company’s chairman, Roy Bostock, announced on February 7 that he and three other directors would step down. Yahoo’s chief executive, Scott Thompson, is now only one month into the job. Meanwhile, activist shareholder Dan Loeb of the hedge fund...

It all happened on the same day that activist investor Daniel Loeb, of hedge fund ThirdPoint, sought to install his own slate of directors on Yahoo's board. Loeb plans to nominate former NBC Universal CEO Jeff Zucker, along with himself and two others,...

Loeb disclosed in a regulatory filing that he wants a seat on Yahoo's board to protect his Third Point LLC fund's 5.6 per cent stake in the company. He plans to nominate three other candidates to replace some of Yahoo's current board members. Loeb's...