Valuewalk was contacted by Dan Loeb’s Third Point with breaking news this morning about his proxy war with Yahoo Inc. (NASDAQ:YAHOO). The fund manager has launched a new site entitled valueyahoo.com that is entirely dedicated to analysing the company’s current failures and pointing it in a new direction. The move is the latest ina series of strategies employed by Loeb in his attempts to have greater control over Yahoo’s business. The website has just come on line and contains reams of information abou the state of the company. The site is decorated in Yahoo’s traditional purple and it’s homepage has five main…
Dan Loeb Continues Proxy War, Launches Value Yahoo Site
HFA Staff
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