Holder Starboard sends letter to Board; recommends steps that could unlock $11.70/shr in value - Tax-Free Spin
-Off of Yahoo's Alibaba Stake Is a Good First Step, But Not Enough to Solve Yahoo's Current Valuation Discrepancy
- Continues to Believe That There Are Other Opportunities Within the Company's Control to Create Significant Value for Yahoo Shareholders
- calls for Returning $3.5-$4.0 Billion of Excess Cash to Shareholders through Share Repurchases
- Calls for Right-Sizing the Company's Bloated Cost Structure
- Exploring Opportunities to Monetize Yahoo's Intellectual Property and Real Estate Assets
- Separating Yahoo! Japan Stake in a Tax-Efficient Manner
