Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by more than 2 percent early Thursday morning after Bloomberg reported that activist investor and influential shareholder Starboard Value is "taking initial steps" in declaring a potential proxy fight with the company.
Bloomberg, citing "people familiar with the matter," noted that Starboard Value isn't "satisfied" with Yahoo's efforts in selling some of its internet assets. The publication added that a proxy-solicitation adviser, Okapi Partners, has already been in contact with Yahoo shareholders - a common trait ahead of a potential proxy battle.
Related Link: Bob Peck: Activist's Concerns At Yahoo Are Warranted
Starboard Value has been threatening a proxy battle against Yahoo since at least November.
Bloomberg also added that a window to nominate members to Yahoo's Board of Directors opens next week and will stay open for about one month and that the activist investor "could push for new board members as soon ass this month."
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!