Yahoo-Starboard Proxy Fight: Proposed Board Of Directors Would Likely Trim Down An Ailing Company
Starboard Value LP wants to replace Yahoo's board of directors with a crew of new directors that analysts say would likely steer the ailing company away from growth and into a more austere realm.
"If you want the company to just downsize, set itself up for a sale, figure out all the inefficiencies in the business, sell off assets, this board that's being proposed is very good for that," RBC Capital Markets tech analyst Mark Mahaney told CNBC Thursday.
