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Yahoo Activist Shareholder Seeks CEO Dismissal
Posted on May 04, 2012 at 19:01 PM EDT
Yahoo (YHOO) shareholder Daniel Loeb has asked Yahoo to fire CEO Scott Thompson by Monday, after Yahoo's top executive misstated his education. Loeb, who along with his hedge fund Third Point LLC owns about 5.8% of Yahoo, on Thursday posted a letter questioning whether Thompson had the degrees he said he had. Thompson and Yahoo have said that Thompson's bachelor's degree from Stonehill College was in accounting and computer science. Yahoo later
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