CarlIcahn Threatens Yahoo with Hostile Takeover of Board, Later Agrees to Compromise and Joins Expanded Yahoo! Board Investor CarlIcahn wasn't happy with Yahoo's rejection of Microsoft's generous offer, so he threatened a hostile takeover of his...
This morning we announced a settlement with CarlIcahn which will enable Yahoo! We're not sure what the long-term implications of the Yahoo-Yang-Icahn settlement will be. Here's the full text of Jerry Yang's take on the Icahn affair.
Jerry Yang threw CarlIcahn a bone today. So CarlIcahn called the dogs off. CarlIcahn will be appointed to the Board and the remaining two seats will be filled by the Board upon the recommendation of the Board's Nominating and Governance...
Yahoo has announced that it has forged an agreement with CarlIcahn. CarlIcahn will become a board member, and then 2 more will be added from a list of 9 that Icahn will supply. The list will be the 8 remaining members of Icahn's now-cancelled...
In a letter that is likely to believed by almost no one, Yahoo regurgitated much of the same old statements about Microsoft and CarlIcahn - and then slipped in something about selling the entire company for $33 a share.
stockholders is clear: turn your Company and its uniquely valuable combination of assets over to CarlIcahn and his nominees and allow Microsoft and Mr. We have also told you why we believe the slate of directors advanced by CarlIcahn is not the...
Recently, Microsoft and CarlIcahn got quite cozy, and the budding relationship spawned a new Yahoo offer. That sale would be overseen by CarlIcahn and his board. said, "This odd and opportunistic alliance of Microsoft and CarlIcahn has anything...
Microsoft's Ballmer has been talking to CarlIcahn, who has put together a proxy board to take over Yahoo. The talks prompted Icahn to break out the quill, and compose his latest edition in his series of letter-writing expeditions:
If Yahoo wanted an asset fire sale, CarlIcahn could do it better than anyone else. Yahoo would have had to disassemble its search assets completely, hand it over to Microsoft and hope Microsoft's platform would stay competitive.
The letter attacks CarlIcahn. CarlIcahn. Icahn's slate and his ill-defined agenda," the letter from Yahoo CEO Roy Bostock states. Icahn urged, as an alternative to a Microsoft transaction,
that Yahoo!
You are probably aware that CarlIcahn proposes to replace our entire board of directors with his hand-picked slate. CarlIcahn Has No Credible Plan To Create Value. Icahn's slate could result in substantial erosion of stockholder value.
Yahoo wasn't too thrilled about CarlIcahn's recent allegations that they hadn't taken the Microsoft acquisition offer seriously. Dear Carl: To set the record straight, the employee retention
program is designed to protect the Company's assets and...
Yahoo has confirmed that billionaire investor CarlIcahn has initiated a proxy fight via an open letter to Yahoo's board of directors notifying them of his intention to replace the existing board with his own slate of directors.