Starboard reiterates Yahoo should combine with AOL

January 8, 2015 5:20 PM

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Starboard reiterates Yahoo should combine with AOL

(Reuters) - Activist-investor Starboard Value LP has reiterated that Yahoo Inc (YHOO.O) should consider a merger with AOL Inc (AOL.N) 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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