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Yahoo Activist: 'I Give Up'

Posted on October 13, 2008

For nearly two years, I've been engaged in an activist campaign to aimed at improving the performance of Yahoo (YHOO). No more. I sold my fund's stake last month. The risk/reward ratio of continuing to hold the stock had become too high.When I started my activism with Yahoo, I was attracted to the Internet company's strong brand, which continues to drive impressive traffic to its many popular properties. It's still the No. 2 search engine in the world and it's also No. 1 for email....

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internet , search engine , yahoo