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Mar

22

No Respite for Yahoo, Battling on 2 Fronts

By Tony Seruga

Yahoo’s chief executive, Marissa Mayer, last month. Some potential bidders have wondered how seriously Yahoo’s board is pursuing a sale of itself. CreditEric Risberg/Associated Press

SAN FRANCISCO — It’s often hard to sell a company, particularly when that company has faced steady declines over the last decade, been surpassed by upstarts and is struggling in its latest turnaround plan.

It’s also hard to fight off an activist shareholder, especially a prominent hedge fund with a track record of ousting corporate boards.

Yahoo has the misfortune of trying to do both at once…

No Respite for Yahoo, Battling on 2 Fronts

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