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Yahoo investors mount pressure for turnaround

Monday 14 December 2015 | 09:47 CET | News
Yahoo is facing pressure from investor groups against giving CEO Marissa Mayer more time to show progress on the company's turnaround, reports the Wall Street Journal. Canyon Capital Advisors, one of Yahoo's 15 biggest shareholders, wrote to the board on 11 December urging it to find a buyer for the core internet business or the whole company. 

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Categories: Internet
Companies: Alibaba / Yahoo
Countries: World
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