Yahoo Gives Carl Icahn Three Board Seats

Monday, July 21st, 2008

Yahoo (NASDAQ:YHOO) just announced they've appointed Carl Icahn to their Board of Directors. Yahoo has reserved two director positions for his nominees. Current director Robert Kotick will leave. This decision was made to settle a proxy battle and to delay a hostile takeover from Microsoft Corporation. (NASDAQ:MSFT) Icahn is an activist ...

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Carl Icahn To Buyout Yahoo?

Wednesday, May 14th, 2008

Recently Microsoft abandoned their bid to buyout Yahoo, but it doesn't appear as if the fight for the internet company is over quite yet. According to reports, Carl Icahn has swooped in and purchased 50 million shares of Yahoo stock and it's believed Icahn is planning a proxy fight to oust ...

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