Activist Hedge Fund TCI Builds Yahoo Stake

(Yahoo Finance) One of Europe’s most aggressive activist hedge funds is building a stake in Yahoo! as the digital portal proceeds with a multibillion dollar auction of its core internet business. Sky News has learnt that The Children’s Investment Fund (TCI, which is headed by one of Britain’s wealthiest men, has amassed a shareholding in Yahoo! valued at hundreds of millions of dollars.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply