Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. Bartz, who has been with Yahoo for 30 months, had not turned the company around – the stockprice is pretty close to that of when she took over and she's had some...
Meanwhile, Chairman of the Board Roy Bostock stated "“The Board thanks Sue for her service as President, the important contributions she has made to Yahoo! The news of the new CEO and Decker leaving did little to impact the Yahoo stockprice today.
Roy Bostock Jerry Yang Carl Icahn bought his stock two months ago for an estimated average cost of less than $25 per share. If I were Microsoft, I would just sit back, relax and continue to watch the price drop.
Roy Bostock Today, Carl Icahn released his second letter in a week to Yahoo's Chairman Roy Bostock. Third, I intend to ask our new board to inform Microsoft that unless
any alternative transaction can insure a $33 or higher stockprice (of
which I...
Yahoo's Chairman of the Board Roy Bostock fired back a reply, on behalf of the beleaguered board members Carl Icahn has been trying to replace, stating Icahn had a "significant misunderstanding of the facts about the Microsoft proposal and the...
Roy BostockBostock: I have therefore taken the following actions: (1) during the last 10 days, I have purchased approximately 59 million shares and share-equivalents of Yahoo; (2) I have formed a 10-person slate which will stand for election...
Roy Bostock, Chairman of the Board Furthermore, as a result of the decrease in your own stockprice, the value of your proposal today is significantly lower than it was when you made your initial proposal.