Market Watch (Free subscription) | 07/21/2008
NEW YORK (MarketWatch) -- Yahoo Inc. on Monday agreed to add dissident shareholder Carl Icahn to its board, sidestepping an all-out battle for control of the Internet company.
TechCrunch (Free subscription) | 07/21/2008
Activist shareholder Eric Jackson has some advice for all the little guys out there holding Yahoo shares: Come August 1, split the difference on the Yahoo board between the current directors and Carl Icahn’s alternative slate. If a majority of the board is replaced, the poison-pill severance package might be triggered. So [...]
Unfortune (Free subscription) | 07/21/2008
Activist shareholder Eric Jackson has some advice for all the little guys out there holding Yahoo shares: Come August 1, split the difference on the Yahoo board between the current directors and Carl Icahn’s alternative slate. If a majority of the board is replaced, the poison-pill severance package might be triggered. So [...]
BetaNews (Free subscription) | 07/21/2008
In a surprise move that could easily push Yahoo's acceptance of Microsoft's takeover bid closer to reality, Yahoo has finally given in to some of the key demands of activist investor Carl Icahn, who's been seeking to oust Yahoo CEO Jerry Yang,
Market Watch (Free subscription) | 07/21/2008
NEW YORK (MarketWatch) -- Yahoo Inc. on Monday said it reached an agreement with dissident shareholder Carl Icahn, sidestepping an all-out battle for the Internet company and ending a proxy fight.
BusinessWeek Online - Tech Beat (Free subscription) | 07/21/2008
Lately, it has looked like Yahoo, against all odds, might win the proxy fight that activist investor Carl Icahn is waging against it. The problem for Icahn is that, without a plan for Yahoo beyond selling it to Microsoft or...
Law Blog - WSJ.com (Free subscription) | 07/22/2008
Yahoo reached agreement with activist shareholder Icahn, under which the activist shareholder will join an expanded board in return for withdrawing a slate of his own candidates.
Navivest Stocks and Options Blog (Free subscription) | 07/22/2008
Yahoo (YHOO) is set to report earnings today after the close of the stock market. The company has a lot riding on those earnings. To date, it has been able to fend of a takeover attempt by Microsoft that has had quite a few twists and turns, with the latest being that activist shareholder Carl Icahn, has bought [...]
Law Blog - WSJ.com (Free subscription) | 07/21/2008
Yahoo reached agreement with activist shareholder Icahn, under which the activist shareholder will join an expanded board in return for withdrawing a slate of his own candidates.
Law Blog - WSJ.com (Free subscription) | 07/21/2008
Yahoo reached agreement with activist shareholder Icahn, under which the activist shareholder will join an expanded board in return for withdrawing a slate of his own candidates.
Red Orbit (Free subscription) | yesterday
... if not for foreign subsidiaries. The results came a day after Yahoo reached an agreement with activist shareholder Carl Icahn to avoid a bruising proxy fight next week. Icahn will join an expanded board, with two of his supporters, based on the accord. "We're pleased with the progress we've made the last several months, and the board and management is dedicated to maximizing shareholder...
mathewingram.com/work (Free subscription) | 07/21/2008
Before activist shareholder and billionaire takeover artist Carl Icahn got involved with Yahoo, and not long after Microsoft started making overtures towards the company behind the scenes, a disgruntled shareholder named Eric Jackson was already trying to marshal support for some big changes at the Internet company, including the departure of CEO Terry Semel, who [...]
BusinessWeek Online - Tech Beat (Free subscription) | 07/21/2008
After months of battle with activist shareholder Carl Icahn, Yahoo has finally settled the proxy battle that had roiled the company for months. (Full text of the release after the jump.) Under an agreement announced early this morning, Icahn agreed...
Market Watch (Free subscription) | 07/21/2008
SAN FRANCISCO (MarketWatch) -- Technology stocks largely rose in early trading Monday as the sector's action was highlighted by a peace deal between Yahoo Inc. and activist shareholder Carl Icahn. Yahoo will add Icahn and two other Icahn associates to the company's board, expanding its board of directors to 11 members. Investors weren't too thrilled by the deal, as Yahoo shares fell...
Digital Daily - All Things Digital (Free subscription) | 07/21/2008
Having so persuasively argued that Carl Icahn is a doddering Luddite with no articulated plan for Yahoo other than the company’s sale to Microsoft, Yahoo has taken the logical next step and appointed the activist shareholder to its board of directors.
