Business

Activist investor pushes Yahoo to buy rival AOL

By Michael Liedtke
Published September 26, 2014 9:47pm ET
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Activist investor pushes Yahoo to buy rival AOL
SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is getting some unsolicited advice on how to turn around the long-struggling Internet company, just like some of her predecessors who tangled with investors dissatisfied with management’s performance. In a letter Friday, activist investor Jeffrey Smith urged Yahoo Inc. to buy another fallen Internet star, AOL Inc. […]

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is getting some unsolicited advice on how to turn around the long-struggling Internet company, just like some of her predecessors who tangled with investors dissatisfied with management’s performance.

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