What Is Starboard's Goal With Yahoo Board Plan?

The transcript discusses Starboard's strategy to influence Yahoo's future by proposing a new board and selling Yahoo's core business. Starboard has a history of successful interventions, as seen with Darden Restaurants. The focus is on selling Yahoo's core assets, potentially fetching $5 billion, and leveraging stakes in Alibaba and Yahoo Japan. Starboard's proposed board members bring significant governance experience. Investor sentiment suggests support for a proxy fight, indicating dissatisfaction with current leadership. Yahoo faces financial challenges, with plans to cut costs and workforce under CEO Marissa Mayer.

How has the current board of Yahoo been perceived in terms of its track record?

What are the potential consequences if shareholders do not see tangible results from Yahoo's management?