Tag: yahoo

Yahoo Buys Tumblr For $1.1B – What’s Dan Loeb’s Next Plan


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.

Dan Loeb Letter to Yahoo’s Chief

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…

Third Point Want 4 Seats on Yahoo Board

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…