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January 30, 2013 at 14:40 PM EST
Is the Yahoo Turnaround on Track?
Editor's Note: This content was originally published on Benzinga.com by Scott Rubin One of the more interesting investment stories in the Internet space is the turnaround taking place at Yahoo (NASDAQ:YHOO). The company which has seen its revenues fall sharply in recent years has become a target of activist investors amid its struggles. In 2008 Carl Icahn purchased a large stake in the company and proceeded to muscle his way onto Yahoo's board of directors after it inexplicably turned down a $47.5 billion or $33 per share acquisition offer from Microsoft (NASDAQ:MSFT). Originally Microsoft bid $44.6 billion or $31 ...
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