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Dan Loeb Quits Yahoo Board


After fighting for the higher of Yahoo! CEO Marissa Mayer, directors Dan Loeb, Michael Wolf, and Harry Wilson are resigning at the end of this month. 
 
-Its all about making your money and getting out asap-
Yahoo was trading at $13-$15 when Loeb bought his 5% stake. Yahoo is now trading at $28. When its all said and done Third Point made about $1 billion. They still plan on keeping another 20 million shares of Yahoo, while selling back selling 40 million shares back to Yahoo.
-So now what?-
What do you think this means for Yahoo!'s future? They still have Marissa Mayer who has completely changed the companies profile most noticeably for putting a end to employees working from home, which in turn has raised moral at the company.