being the leader in search to former CEO Jerry Yang passing up a Microsoft acquisition offer to an attempted takeover by CarlIcahn. Burkle will leave after nearly a decade of service. Ron Burkle will not seek re-election to Yahoo!
Investor CarlIcahn, who stirred up investors during the Microsoft acquisition attempt, quit Yahoo! failed to accept Microsoft's offer to fully acquire the Sunnyvale-based Internet company, CarlIcahn embarked on his own attempt to overthrow Yahoo!
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...
Starbucks, Ben European Head Out Posted by Nathania Johnson Dec 1, 2008 CarlIcahn has increased his investment in Yahoo by purchasing nearly 7 million shares. While some may see this as a sign of "Carl in Charge," I .
CarlIcahn has increased his investment in Yahoo by purchasing nearly 7 million shares. While some may see this as a sign of "Carl in Charge," I wonder if this move is just a bit risky on Icahn's part.
Yahoo has officially appointed CarlIcahn to its board of directors, and board member Robert Kotick has officially resigned. But with the track record of Yahoo Chairman Roy Bostick, Yahoo CEO Jerry Yang, Icahn and Microsoft, this game is not nearly...
First, CarlIcahn found his way to compromise. Icahn wanted the board out because he felt the Microsoft acquisition was botched. Even after the vote re-count, a majority of shareholders voted the board in and Icahn settled for the right to propose...
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. Turns out, just over half of the shareholders felt the need to vote Chairman Roy Bostock and CEO...
The Yahoo shareholder meeting has come and gone without much fanfare, thanks to the settlement between the Yahoo board and CarlIcahn to keep the current board but expand it by 3 seats post-meeting. Yahoo had requested that Miller be placed on a...
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.
They have offered CarlIcahn a spot on the new board along with another of his proposed new slate of candidates, according to the Wall Street Journal. Adding Icahn and former AOL Chairman and CEO Jonathan Miller is a good way to stop the schoolyard...
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.
We have also told you why we believe the slate of directors advanced by CarlIcahn is not the right answer for Yahoo! We believe that this odd and opportunistic alliance of Microsoft and CarlIcahn has anything but the interests of Yahoo!
Yang also fired back at billionaire investor CarlIcahn and his selection of a new Yahoo board. Yahoo's Yang Rips Microsoft and Icahn Posted by Kevin Heisler Jul 9, 2008 CEO Jerry Yang accused Microsoft of trying to destabilize Yahoo without...
Yang also fired back at billionaire investor CarlIcahn and his selection of a new Yahoo board. Of course, Icahn would replace Yang so it's clear why Jerry wouldn't trust him. Microsoft said publicly it would restart buyout talks and partial...
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...
Microsoft's Ballmer has been talking to CarlIcahn, who has put together a proxy board to take over Yahoo. IcahnICAHN CAPITAL LP The talks prompted Icahn to break out the quill, and compose his latest edition in his series of letter-writing...