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Yahoo snubs activist shareholder with two new directors

Yahoo has set up a battle for control of its board by appointing two directors likely to further agitate an activist shareholder threatening an attempt to oust CEO Marissa Mayer unless she bows to demands to sell the company's ...

Yahoo panel to study 'strategic' options

Yahoo said Friday it had named a committee to study the company's "strategic alternatives," moving a step closer toward a breakup or sale of the troubled Internet pioneer.

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