Activist Pushing AOL-Yahoo Merger Actually Owns Shares In Both (AOL, YHOO)

The activist investor who has been calling for AOL and Yahoo to merge, owns shares in both companies, not just Yahoo. Starboard took a 2.4% stake in AOL during the third quarter, according to a regulatory filing that came out late on Friday, reports the Wall Street Journal. It previously owned a stake in AOL in 2012, which it used to run an activist campaign against that company.  Today's filing also reveals that Starboard owns 0.8% of Yahoo, putting it outside the top 10 shareholders in the c...