Kara Swisher

Recent Posts by Kara Swisher

More Shoes Drop: Third Point Formally Files Preliminary Proxy Statement With SEC

No surprise — preliminary proxy documents from Yahoo’s activist shareholder Third Point were filed to the Securities and Exchange Commission today, which you can see here. In them, the New York hedge fund took new aim at the Silicon Valley Internet giant’s latest board member candidates, noting “installing the hand-picked choices of the current Board does nothing to allay concerns that the Company is poised to repeat the errors of its past.” More to come, to be sure, as Third Point seeks to get its own directors on Yahoo’s board.


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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle