NYT: Yahoo Tries to Stay Independent

On Thursday, Yahoo announced another broad corporate reorganization that it said would allow it to compete more effectively after the breakdown of merger and partnership talks with Microsoft, the New York Times reports:

“The shake-up, which has been anticipated for about a week, is the latest in a series of corporate realignments at the Internet company over the last 18 months. It comes amid a string of departures of senior executives and high-profile engineers and managers and a looming proxy battle for control of the company’s board against Carl Icahn, the activist financier.”

But

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