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  • SAN FRANCISCO— Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job. Although Yahoo's board is still evaluating takeover offers, most investors are betting that the company will decide to sell its well-known brand and an Internet...

  • SAN FRANCISCO— Yahoo has reached a truce with an activist investor threatening to oust CEO Marissa Mayer and the rest of its board, removing a major distraction as the company evaluates bids to buy its Internet operations. The agreement announced Wednesday will give the rebellious shareholder, Starboard Value, four seats on Yahoo's board.

  • April 27- Yahoo Inc on Wednesday agreed to add four new independent directors to its board, bowing to pressure from activist hedge fund Starboard Value LP and averting a proxy fight ahead of its upcoming annual meeting. Yahoo said Starboard Chief Executive Jeffrey Smith, along with tech and media industry veterans Tor Braham, Eddy Hartenstein, and Richard Hill,...

  • April 25- Drug developer Depomed Inc said on Monday Starboard Value LP has 30 days to request for a special shareholder meeting to discuss the activist investor's demand to replace Depomed's board. The selection of an early meeting date is in the best interest of its shareholders, Depomed Chief Executive James Schoeneck said in a letter to Starboard.

  • April 20- The parent of Britain's Daily Mail said on Wednesday it had not submitted it's own bid to buy Yahoo Inc's core Internet business, but was still in talks to partner with other suitors of the U.S. company. Yahoo, which has been struggling with falling ad revenue for years, has sped up the process to sell its media, email and other web businesses, bowing to...

  • April 20- The parent of Britain's Daily Mail said on Wednesday it had not submitted a bid to buy Yahoo Inc's core Internet business, but was in talks with potential suitors of the American company. Verizon Communications Inc was set to advance to the second stage of bidding and private-equity firms Apax Partners LLP, TPG Capital LP, Bain Capital LLC, Apollo Global...

  • San Francisco April 19- Yahoo Inc's first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its core business. Under pressure from activist shareholder Starboard Value LP and others, Yahoo has ramped up a sale of its media, email and other web businesses. Private equity firms Apax...

  • Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree LLC and Allen& Company, the people said on Tuesday. The auction attracted a diverse array of companies ranging from Japanese online retailer Rakuten Inc to Yellow Pages owner YP LLC, which is backed by AT&T Corp, the people said. Apax Partners LLP, TPG Capital LP, Bain...

  • April 19- Yahoo Inc's first-quarter results beat Wall Street estimates by a hair but revenue dropped 11.3 percent, as the web-pioneer struggled to boost growth in the core online search and display advertising business that is in the processing of auctioning off. Revenue fell to $1.09 billion in the first quarter ended March 31, the first decline after four...

  • SAN FRANCISCO— Yahoo may have hung out a "for sale" sign, but it hasn't done much to improve its curb appeal. Yahoo's net revenue fell 18 percent from year-earlier period to $859 million. It's the largest decline in Yahoo's quarterly net revenue since the company hired Marissa Mayer as its CEO nearly four years ago.

  • In her nearly four years as Yahoo's chief executive, Marissa Mayer has made little progress in her attempts to win back market share from bigger Internet players such Facebook Inc and Alphabet Inc's Google. Yahoo's total revenue fell 11.3 percent to $1.09 billion in the first quarter ended March 31. After deducting fees paid to partner websites, Yahoo's...

  • Yahoo's total revenue fell to $1.09 billion in the first quarter ended March 31 from $1.23 billion a year earlier. After deducting fees paid to partner websites, revenue fell to $859.4 million from $1.04 billion. In her nearly four years as Yahoo's chief executive, Marissa Mayer has made little progress in her attempts to win back market share from bigger...

  • Starboard's Smith seeks 9 seats at Yahoo

    Jeff Smith, Starboard Value CEO, discusses his firm nominating nine directors on the Yahoo board, and credibility of management at Yahoo.

  • NEW YORK, April 19- Activist investor Jeffrey Smith, whose Starboard Value hedge fund wants to replace the entire board at Yahoo Inc, said this approach often works best to revive an ailing company but cautioned that path is not always possible. At Yahoo, Starboard is working to repeat a feat that earned the hedge fund headlines two years ago, when it won all 12 seats...

  • Marissa Mayer

    Yahoo is set to report first quarter earnings after the bell and CEO Marissa Mayer is in the hot seat to lay out the plan ahead. CNBC's Landon Dowdy takes a look at three things to watch as the company begins the process of selling its core business.

  • Yahoo takeover Verizon's to lose: Re/code's Lee

    Edmund Lee, Re/code managing editor, weighs in on possible suitors for Yahoo and Marissa Mayer's legacy.

  • Executive Edge: Yahoo bidders

    Anthony DiClemente, Nomura internet analyst, discusses potential suitors for Yahoo and why it makes sense for Verizon to make a bid. Also a look at Marissa Mayer's legacy.

  • Verizon tops Yahoo's suitors as deadline loom

    Victor Anthony, Axiom Capital Management, weighs in on who's bidding for Yahoo's core web business and Asian assets and why it makes sense to sell of the entire piece.

  • Eye on Yahoo earnings report

    Yahoo reports earnings on Tuesday. CNBC's Dominic Chu and Max Wolff of Manhattan Venture Partners discuss what to expect of its financials and more.

  • NEW YORK, April 13- Verizon Communications Inc is the clear favorite in the upcoming bidding for Yahoo Inc's core Internet business, according to Wall Street analysts, in large part because the telecommunications company's efforts to become a force in Internet content have gone relatively well under the leadership of AOL Inc Chief Executive Tim Armstrong.