With board battles and asset sales in the rear view mirror, Yahoo shareholder activists face a long battle against Facebook.
| Tags: | FacebookTheStreetcomYHOO |
The stuggling company's agreement to sell half its stake to Alibaba for $7.1 billion is a win-win for both names.
Given low ad spending there, the network will find it difficult to monetize its huge subscriber base in this market.
Stocks rebound slightly from last week's dismal performance.
Facebook shares fall well below their IPO price.
The delayed Facebook opening unnerved investors who began to sell equities, pushing the averages lower.
The two flawed companies have a much better chance as one.
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