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      "text": "The potential tax advice benefits as well as a likely re-rating upwards in value to the Yahoo core business would still make such an outside partner very attractive to Yahoo shareholders",
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      "text": "Someone like a Liberty would likely want to come on to the board through some sort of PIPE transaction and expect to receive board representation",
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      "text": "We would like to see someone like a Liberty Media come on to the Yahoo board as a partner for two reasons: (1) Tax advice on Alibaba/Yahoo Japan stakes; (2) Improving core business valuation multiple.",
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      "text": "Source: SpringOwl Asset Management LLC",
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