Monday, 22 July 2013

Yahoo! Philippines News - Live 2013 Philippine Elections News Updates and Results: Third Point to sell most of Yahoo stake, Loeb to quit board

Yahoo! Philippines News - Live 2013 Philippine Elections News Updates and Results
Get your latest 2013 Philippine elections news and stories about your Senatorial candidates from Purple Thumb. Apart from breaking news, we offer interactive information, photos and video you need to decide who to vote in the coming Philippine elections. 
Third Point to sell most of Yahoo stake, Loeb to quit board
Jul 23rd 2013, 01:59

San Francisco — Activist hedge fund Third Point LLC reached an agreement to sell two-thirds of its stake in Yahoo Inc. back to the company, pocketing a tidy profit and relinquishing three seats on the board of a company trying to effect a tricky turnaround.

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