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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.

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"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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