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It sounds like Yahoo CEO Marissa Mayer plans to fight activist investors who want her fired

Mar 11, 2016, 10:58 IST

Reuters

Activist investors have put a lot of pressure on Yahoo lately to replace its management and sell its core business.

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But instead of reaching a settlement and shaking up its current management, Yahoo seems intent on facing a full-on proxy battle that cound turn things really ugly.

The latest signal came from Yahoo CEO Marissa Mayer's interview with PBS's Charlie Rose on Thursday evening.

"I would love to be running Yahoo! We have a three-year strategic plan," Mayer said when asked if she thinks she'll be running Yahoo a year from now.

Mayer reitereated her three-year turnaround plan that includes the expansion of Yahoo's mobile and video businesses, and that the current team in place is best-suited for the job.

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