Yahoo! Inc. (YHOO): Dan Loeb’s Third Point Continues Accumulating More Shares

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HFA Staff
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Dan Loeb has continued his charge to change the way Yahoo! Inc. (NASDAQ:YHOO) does business. His Third Point LLC controls 5.81% of the company. In a disclosure statement filed March 12th Loeb demanded a full list of the shareholders at Yahoo in order to best derve the interests of the company. He wants the list of shareholders to allow him to communicate with them directly discussing his ideas about the future of the company. He also wants to share his nominees for the company’s board. Loeb has nominated himself to be on the board of the company showing his interests to…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.