Yahoo Ends Loeb Proxy Fight in $1.16B Share Buyback

Yahoo Ends Loeb Proxy Fight in $1.16B Share Buyback Play

July 22 (Bloomberg) -- Bloomberg's Jonathan Erlichman reports that Yahoo! Inc. has agreed to buy back $1.16 billion of shares held by Third Point LLC as activist Daniel Loeb leaves Yahoo's board as a solution to a proxy fight that began last year. He speaks on Bloomberg Television's "In The Loop."

  • On Air Now

    PAID PROGRAMMING Watch Now

  • Next

    Conversation w Lloyd Blankfein & Michael Bloomberg

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus