Icahn had sent an open letter to the board informing them of his intended proxy fight, Kevin Newcomb reported earlier today. At that meeting, which included our respective financial advisors, we made clear, once again, that we were open to a...
Yahoo has confirmed that billionaire investor Carl Icahn 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.
that legenday investor Carl Icahn (controls about 3.1% of outstanding TW shares) and who is preparing to wage a proxy fight for control of the TW Board of Directors has had conversations with IAC/InterActive president, Barry Diller.
Icahn has been building support for a proxy fight to split AOL off before last Friday's news. Like all shareholders, I am not opposed to Time Warner entering into an AOL transaction that creates long-term value.