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Dan Loeb Has A Valentine’s Day Surprise For Yahoo

The promise of a proxy battle, unless they comply with every one of his demands (e.g. replace four board members with Loeb and three of his friends). Little bit of DL trivia for the Third Point historians among us: with this latest 13-D, Loeb is reclaiming his tradition of notifying adversaries of his intent to wage war on February 14 (previous recipients of similar love letters include Salton Inc, Star Gas Partners, and AEP Industries). Sure he could have waited a day here or there but he’s a true romantic at heart. Even more thoughtful would have been delivering a copy of the filing in person via Barbershop Quartet but perhaps he’ll save that for next year’s lucky lady. [SEC]

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20 Responses to “Dan Loeb Has A Valentine’s Day Surprise For Yahoo”

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  17. Bram de Haas says:

    You really think Loeb is going to push on the 14th? I have a hard time believing he would risk that..

  18. Jack Conner says:

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