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Latest Third Point LLC Stories

Loeb’s Letters Finally Take Their Toll At Yahoo
2012-05-09 09:30:06

The turbulence created by Dan Loeb and his investment firm Third Point LLC has begun to impact Yahoo at its core, as the board announced late Tuesday evening that Patti Hart will not be seeking re-election for a position on the board once her term is up.

Yahoo CEO Apologizes, But Will Not Step Down
2012-05-08 08:13:18

It would appear as if Third Point’s 3 letters and subsequent follow-up have strong-armed Yahoo CEO Scott Thompson into apologizing for “padding” his resume with false information, but he isn’t planning on stepping down.

As High-Noon Deadline Passes, Third Point Fires Back At Yahoo board
2012-05-07 11:22:03

Third Point has begun the process under Delaware Law to obtain books and records regarding Yahoo's Scott Thompson’s vetting process.


Word of the Day
edulcoration
  • The act of sweetening by admixture of some saccharine substance.
The word 'edulcoration' comes from a Latin word meaning 'making sweet'.