An activist investor group called Starboard Value said in a letter to other Yahoo shareholders last week that it wants a new group of people to oversee a "turnaround plan, separation, or sale of assets."
color me extremely skeptical that the coup being instituted by the spreadsheet jockeys at a New York investment firm will cure what ails Yahoo!.
"The board and management have continually failed to live up to their own promises and shouldn't be trusted with the decision on whether Yahoo should remain an independent company."
Staples has a market value of about $11 billion, while Office Depot has a market value of about $4.1 billion. Last month
Still, Steve Gazzo, a six-year Olive Garden employee, complained of many “little knocks,” like the tipping policy change
Last week, you may have noticed a kooky story about a hedge fund named Starboard Value chastising Olive Garden for handing
Olive Garden has issued a strongly worded defense of its unlimited salad and breadsticks on Monday, because it had to. Darden's
The answer lies in how inefficient and/or difficult it is to be alone and an outlier on a board. Boards aim to be collegiate, making sure diverse opinions are aired while also providing good financial oversight of the company.