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  "documentTitle": "Yahoo! Inc. (YHOO)",
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  "authorName": "Jeffrey C. Smith",
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  "presentationDate": "2015-08-10 00:00:00",
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      "text": "We expect to hear details of a broader restructuring at Yahoo including elements laid out in this letter.",
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      "kind": "paragraph",
      "text": "areas or other initiatives where Yahoo, in our view, has a low probability of ultimate success. It is time to shift focus and strike a better balance between the desire for growth and the need for improved profitability, a strong return on investment, and a more narrow focus on areas where Yahoo has a competitive advantage and can win.",
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      "text": "Jeffrey C. Smith\nManaging Member\nStarboard Value LP",
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      "text": "We appreciate the ongoing dialogue and your willingness to engage with us, but we are frustrated with the operating performance and lack of progress to date. We expect to hear details of a broader restructuring at Yahoo including elements laid out in this letter. We are available to discuss and review the contents of this letter at your convenience. It is our sincere hope that we can work constructively together for the best interests of all Yahoo shareholders.",
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      "kind": "paragraph",
      "text": "Best Regards,",
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