Board Investor CarlIcahn wasn't happy with Yahoo's rejection of Microsoft's generous offer, so he threatened a hostile takeover of his own for the annual shareholders meeting. CarlIcahn Threatens Yahoo with Hostile Takeover of Board, Later Agrees...
It's probably a good thing (for them) that they reached that settlement with CarlIcahn, or else the vote may have turned a worse outcome for the two. Yahoo has confirmed that a 'tabulation error' occurred in the shareholder vote count conducted by...
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.
Google CEO Affirms Stance on Independent Yahoo Posted by Nathania Johnson Jul 11, 2008 In the wake of CarlIcahn's declaration that Microsoft would buy a Yahoo run be a different board (and Microsoft's affirmation of the claim), Google CEO Eric...
In the wake of CarlIcahn's declaration that Microsoft would buy a Yahoo run be a different board (and Microsoft's affirmation of the claim), Google CEO Eric Schmidt hasn't changed his position on what should happen with Yahoo.
Yahoo Responds to Icahn's Latest Letter Posted by Nathania Johnson Jul 7, 2008 Yahoo has responded to the letter CarlIcahn issued this morning. CarlIcahn Returns to Letter-Writing; Microsoft Open to Deal with a New Yahoo Board Posted by Nathania...
Yahoo has responded to the letter CarlIcahn issued this morning. Icahn have teamed up in an apparent effort to force Yahoo! Icahn's directors and Microsoft's management. Icahn has an actual plan for Yahoo!
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!
Shareholders could grab onto that statement as a sign that Yang was never interested in selling to Microsoft, something CarlIcahn has been saying as part of his proxy board campaign. An independent search business is critical to our future.
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.
In the midst of preparing for a proxy board fight brought on by CarlIcahn, the Yahoo! Jobs page feels like a tour of the latest talking points in the quest to remain independent. Search team has put out a call for new employees.
On the one hand, the delay could help CarlIcahn in his proxy board fight. Roy Bostock, Yahoo's Chairman, is assuring shareholders that "others" including independent directors to make sure the renewed talks with Microsoft go a little better.
Yahoo's Chairman of the Board Roy Bostock fired back a reply, on behalf of the beleaguered board members CarlIcahn has been trying to replace, stating Icahn had a "significant misunderstanding of the facts about the Microsoft proposal and the...
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.