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Dan Loeb, the big Yahoo shareholder, stands with Yahoo's media people. He has launched a proxy war to fire half the people on the Yahoo board and replace them with fancy media types like former MTV boss Michael Wolf and ex-NBC chief Jeff Zucker. ...
Hours after reports about the end of the talks emerged, Third Point, a hedge fund that is one of Yahoo!'s biggest shareholders, disclosed that it planned to challenge the company for four of the company's 11 board seats. Third Point's proposed nominees...
Such turnarounds have proved tough for large Internet companies in the past. Can Mr. Loeb's other two board nominees provide that spark? Former head of NBC Universal Jeff Zucker and longtime consultant and MTV executive Michael Wolf both have media...
Loeb, who has opposed Yahoo’s previous efforts to strike a minority investment deal with private equity, disclosed plans to nominate former NBC Universal CEO Jeff Zucker, along with himself and two others, for Yahoo’s board in a regulatory filing with...
Loeb, who has opposed Yahoo's previous efforts to strike a minority investment deal with private equity, disclosed plans to nominate former NBC Universal CEO Jeff Zucker, along with himself and two others, for Yahoo's board in a regulatory filing with...
Hours after reports about the end of the talks emerged, Third Point, a hedge fund that is one of Yahoo!’s biggest shareholders, disclosed that it planned to challenge the company for four of the company’s 11 board seats. Third Point’s proposed nominees...
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...
And is it really such a bad idea? Zucker was nominated to the board of Yahoo on Tuesday in a filing by the company's most persistently activist shareholder, Dan Loeb. Along with Zucker, Loeb nominated himself and two others in a filing with the...
12.9 million Yahoo shares last month. He now controls a 5.6 percent stake in Yahoo Inc. Loeb hopes to use those holdings as leverage to gain a seat on Yahoo's board. He also nominated three other candidates to replace some of Yahoo's current board members.
Loeb, who has opposed Yahoo's previous efforts to strike a minority investment deal with private equity, disclosed plans to nominate former NBC Universal CEO Jeff Zucker, along with himself and two others, for Yahoo's board in a regulatory filing with...
June. 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 percent stake in the company. He plans to nominate three other candidates to replace some of Yahoo’s current board members. ...
Japan, must have been just as shocked when investor Daniel Loeb launched an attack to take over the Yahoo! Loeb, whose Third Point LLC owns a 5.6 percent stake in the $19 billion company, nominated a slate of candidates for Yahoo!’s board — himself,...
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 percent stake in the company. He plans to nominate three other candidates to replace some of Yahoo's current board members. Loeb's...
In addition to its own CEO and co-founder Loeb, Third Point recommends Maeva Advisors CEO Harry Wilson, Activate Inc. CEO Michael Wolf and Jeffrey Zucker, former CEO of NBC Universal, according to a Securities and Exchange Commission filing today. “The...
Jeffrey Zucker (born April 9, 1965) is an American television executive, and President & CEO of NBC Universal. He is a 5-time Emmy Award winner known for his aggressive promotion of his network's programs. In 1996, he married Caryn Stephanie Nathanson Zucker, then a supervisor for Saturday Night Live, with whom he has four children. Full Article
NEW YORK, NY - NOVEMBER 29: (L-R) President and CEO U.S. Fund for UNICEF Caryl Stern, Hilary Gumbel, and Jeff Zucker attend 2011 UNICEF Snowflake Ball at Cipriani 42nd Street on November 29, 2011 in New York City.
View Photo »NEW YORK, NY - OCTOBER 26: Jeff Zucker attends the 10th Annual Elton John AIDS Foundation's 'An Enduring Vision' benefit at Cipriani Wall Street on October 26, 2011 in New York City.
View Photo »NEW YORK, NY - SEPTEMBER 08: Jeff Zucker, American television executive and former President and CEO of NBCUniversal and Caryn Stephanie Nathanson attend Time Warner's 'Beyond 9/11' Photo Exhibit and Screening at Milk Studios on September 8, 2011 in New York City.
View Photo »NEW YORK, NY - NOVEMBER 29: (L-R) President and CEO U.S. Fund for UNICEF Caryl Stern, Hilary Gumbel, and Jeff Zucker attend 2011 UNICEF Snowflake Ball at Cipriani 42nd Street on November 29, 2011 in New York City.
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