Yahoo recently expanded its board to 11 members, adding investor Carl Icahn in a settlement after his attempt to takeover the company with a new board. The site is getting users to vote so everyone show some support for a person who worked hard for...
First, Carl Icahn found his way to compromise. Even after the vote re-count, a majority of shareholders voted the board in and Icahn settled for the right to propose two board seats and a spot for himself.
It's probably a good thing (for them) that they reached that settlement with Carl Icahn, 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...
Even after the vote re-count, a majority of shareholders voted Yahoo's board in, and Carl Icahn settled for the right to propose two board seats and a spot for himself. In today's Searching for Meaning column, "Woohoo for Yahoo," Kevin Ryan asks...
This morning we announced a settlement with Carl Icahn which will enable Yahoo! Icahn, he has withdrawn his nominees for consideration at the annual meeting, and has agreed to vote his Yahoo! We're not sure what the long-term implications of the...
Jerry Yang threw Carl Icahn a bone today. So Carl Icahn called the dogs off. Carl Icahn 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 Carl Icahn. Carl Icahn will become a board member, and then 2 more will be added from a list of 9 that Icahn will supply. Icahn owns an aggregate of 68,786,320 shares, or 4.98% of Yahoo!
However, Legg Mason did advise Yahoo and Carl Icahn to bury the hatchet by the time of the meeting. Icahn has submitted a proxy board to replace the current board and has been in talks with Microsoft for a deal should his board win.
In a letter that is likely to believed by almost no one, Yahoo regurgitated much of the same old statements about Microsoft and Carl Icahn - and then slipped in something about selling the entire company for $33 a share.
We are prepared to let you, our stockholders, not Microsoft and Carl Icahn, decide what is in your best interests and we look forward to the upcoming vote. We believe that this odd and opportunistic alliance of Microsoft and Carl Icahn has anything...
The letter attacks Carl Icahn. Carl Icahn. 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!
Meanwhile, Yahoo investor Eric Jackson is urging other shareholders to vote on a board that would keep 5 of the existing board members while bringing in 4 of Carl Icahn's proxy board, again according to Reuters.
Carl Icahn Can't Save Yahoo» SEARCHING FOR MEANING: Industry oversight, insight, and best practicesThe public exchange between Icahn and Yahoo management is just the latest round of treating symptoms while ignoring the illness.
You are probably aware that Carl Icahn proposes to replace our entire board of directors with his hand-picked slate. Carl Icahn Has No Credible Plan To Create Value. Icahn's slate could result in substantial erosion of stockholder value.
Will shareholders be won over and vote against Carl Icahn's proxy board? Speaking at the 2008 Advertising 2.0 Conference in New York, Yahoo President Sue Decker spoke about the company's role in the greater online advertising transformation.
