Starboard reiterates Yahoo should combine with AOL

January 8, 2015 creative after-gunmen, annual, are-plotting, chiefs-give, grounds, jennifer-saba, media-reports, safety-hatch, yahoo

(Reuters) – Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in “synergies” by reducing overlaps in online display advertising and other overhead costs

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Starboard reiterates Yahoo should combine with AOL