Yahoo Investors Tighten Screws

Yahoo Inc. is facing new pressure from investor groups who oppose giving Chief Executive Marissa Mayer more time to show progress on her turnaround.

Canyon Capital Advisors LLC, a Los Angeles investment firm that ranks among Yahoo’s 15 largest shareholders, sent a letter to the board Friday urging it to find a buyer for its core Internet business or the entire company, according to a document reviewed by The Wall Street Journal.

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