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Yahoo CEO Mayer in Familiar Hot Seat Amid Starboard Push


Activist investor Starboard Value LP yesterday sent a letter to Mayer urging her to consider strategic alternatives to “unlock value” at the Web portal, including a combination with AOL Inc. (AOL) Starboard CEO Jeffrey Smith also recommended to Mayer that she cut costs and stop making new acquisitions that she has been undertaking to boost the Sunnyvale, California-based company’s growth.

Mentions: CEO