Yahoo Repurchases 40 Shares From Third Point

Yahoo Repurchases 40 Shares From Third Point Play

July 22 (Bloomberg) -- Yahoo agreed to buy back $1.16 billion of shares held by Third Point and said activist Daniel Loeb, who runs the fund, is leaving the board along with other directors added last year to end a proxy fight. Bloomberg Businessweek's Douglas MacMillan and BGC Partners Colin Gillis speak with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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