TCS Capital calls on Yelp to explore strategic options for sale

Yelp

23/05/2023 12:09

May 23 (Reuters) - Activist investor TCS Capital
Management said on Tuesday it had built a stake in Yelp Inc
 YELP.N  and was urging the service-recommendation site to
explore strategic options.
    TCS Capital, which owns more than 4% of the outstanding
shares of Yelp's common stock, is one of Yelp's top
shareholders. This was earlier reported by the Wall Street
Journal on Monday.

 (Reporting by Samrhitha Arunasalam in Bengaluru; Editing by
Rashmi Aich)
 ((Samrhitha.A@thomsonreuters.com))