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Starboard Value fires another salvo in its proxy fight against AOL's management and board by...

Starboard Value fires another salvo in its proxy fight against AOL's management and board by posting a 96-page presentation (.pdf) that highlights AOL's massive online media losses, and suggests its efforts to turn a profit on Patch are doomed. The inability of AOL's properties to drive search traffic on AOL.com is also criticized, as are AOL's compensation policies. Starboard's presentation comes a day after the WSJ took a close look at Patch's missteps.
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