Starboard Letter Targets Yahoo, AOL Combination

The transcript discusses Starboard's letter to Yahoo's CEO Marissa Mayer, urging against large acquisitions or a split-off of Alibaba and Yahoo Japan. Starboard suggests a merger with AOL instead. The letter indicates a need for leadership change if Yahoo pursues other paths. Despite Starboard's small ownership, their influence could grow if other shareholders align. The discussion also covers potential deals with AOL and Verizon, and the strategic implications for Yahoo and AOL. The focus is on unlocking value from Yahoo's minority stakes and the company's future strategy.

What did Starboard Value suggest to Marissa Mayer regarding Yahoo's strategic moves?

• To split off Alibaba and Yahoo Japan

• To invest in new technology startups

• To consider a spinoff and a merger with AOL

• To pursue large acquisitions

What is the main concern of Starboard Value regarding Yahoo's leadership?

• Lack of innovation

• Inefficient use of resources

• Poor customer service

• High employee turnover

How much of Yahoo does Starboard Value own?

• Exactly 2%

• More than 10%

• About 5%

• Less than 1%

What does Starboard Value hope to achieve by sending the letter to Yahoo?

• To influence Yahoo's strategic direction

• To increase their shareholding in Yahoo

• To sell their shares at a higher price

• To merge with another hedge fund

What is the potential impact of a Yahoo-AOL merger according to the discussion?

• It would lead to Yahoo's bankruptcy

• It would make AOL less attractive

• It would decrease Yahoo's market value

• It could unlock value for Yahoo's minority stakes

What strategic decision is Yahoo under pressure to make?

• To sell its core business

• To invest in cryptocurrency

• To clarify its plans for Alibaba and Yahoo Japan

• To acquire CNN

What is the significance of the upcoming proxy season for Yahoo?

• It will end Yahoo's partnership with AOL

• It will pressure Yahoo to reveal its strategic plans

• It will lead to Yahoo's delisting from the stock exchange

• It will determine Yahoo's new CEO