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  "documentTitle": "Yahoo! Inc. (YHOO)",
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  "authorName": "SpringOwl Asset Management LLC",
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  "presentationDate": "2015-12-01 00:00:00",
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      "text": "Longer tenured Yahoo shareholders would be better served with a plan to unlock $30/share in value and not $3/share",
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      "text": "Why sell the core business asset now when, by Starboard's own admission, it is trading at an all-time low valuation? We would prefer a buy low and sell high approach rather than the reverse. While Starboard's current stake in Yahoo is about $200 million, half of this stake was bought in Q315 likely when the stock crashed below $28/share. Starboard's most recently acquired stake in Yahoo is likely already well in the money; therefore, they are incented to see a quick sale of the company for another $2 – 4/share. Longer tenured Yahoo shareholders would be better served with a plan to unlock $30/share in value and not $3/share.",
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      "text": "The Problems With Starboard's Plan",
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