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ot Hedge Fund Gossip and Sexy Women Wild Wall Street
Yahoo Buys Tumblr for $1.1 Billion- But What will hedge fund mastermind Dan Loeb Do next?
Loeb (Yahoo +Tumbler) x Loeb (Sony x Gaming/Sony) + Yahoo Ultimate Private Cloud = x
That’s one way to look at it- any other ideas? x > xboxlive?
F*ck Yeah – Tumblr CEO David Karp signed a note announcing Yahoo! Inc. (YHOO)’s $1.1 billion acquisition with the closing.
Hedge Fund Hunk Dan Loeb Plans to Announce Max Levchin to Yahoo Board Hedge fund Third Point manager Dan Loeb whose fight for control of Yahoo paved the way for Marissa Mayer’s CEO spot is on the verge of gaining control of another seat on Yahoo’s board. Yahoo plans to announce that Max Levchin, former [...]
Loeb’s New York based hedge fund Third Point Increases Sara Lee Yahoo and reported a stake in Apple Daniel Loeb’s New York-based Third Point LLC, has made almost $122 million so far on its stake in Yahoo, after successfully forcing Chief Executive Officer Scott Thompson to step down. Loeb, 50, whose hedge fund owns 5.8 [...]
Hedge fund Third Point founder Dan Loeb has reason to celebrate Today it’s Hedge fund manager Dan Loeb who has pulses racing across corporate America. The 50-year-old Third Point founder, who has been rattling the cages of companies for years, has gone mainstream with his acidic brand of investor activism. Rather than picking on obscure [...]
Activist Hedge Fund Manager Dan Loeb digging up dirt on Yahoo’s chief. In a letter to Yahoo’s board, activist shareholder Dan Loeb of Third Point is alleging that the company’s new CEO Scott Thompson has inaccurately added a computer science degree to his resume. Yahoo confirmed that Loeb is correct about Thompson not having such [...]
Wonder what will be Loeb’s next move if Yahoo is extremely tired and tells Loeb to wait and get back to that later. Here are the questions. Read More: Value Yahoo Daniel S. Loeb is the Chief Executive Officer and Founder of Third Point LLC, an event-driven hedge fund headquartered in New York, where [...]
The site , which went live today and includes an outline of his agenda, a mission statement and profiles on his slate of proposed directors. Shareholders and other interested readers can join the community- subscribe to the site to get updates on breaking stories, add Facebook likes, vote and get twitter feeds. The activist hedge [...]
Mr. Scott Thompson Chief Executive Officer Yahoo! Inc. 701 First Avenue Sunnyvale, CA 94089 March 28, 2012 Dear Scott: As we discussed, Third Point LLC (“Third Point”), Yahoo!’s largest outside shareholder, was disappointed that you and the Board of Directors did not agree to the reasonable compromise we proposed regarding nominees to the Board. We [...]
Hedge fund Third Point, which has a 5.8% stake in Yahoo (YHOO), said it believes the company would fare better if its representatives were in the boardroom helping overhaul Yahoo. Third Point’s letter, released in a regulatory filing Wednesday, comes a week after the hedge fund said it would launch a campaign to get its [...]
A proxy battle to realign Yahoo’s (NASDAQ:YHOO) board of directors could begin in the next few days unless the Internet company submits to the demands of a key shareholder. Third Point LLC, a hedge fund that holds a 5.8 percent stake, Wednesday issued a letter to Yahoo’s chief executive Scott Thompson. The letter comes a [...]
