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MSNBC.com (Free subscription) | yesterday
Ten reasons why Carl Icahn wants to take over the company
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MSNBC.com: Newsweek Business (Free subscription) | yesterday
Ten reasons why Carl Icahn wants to take over the company
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http://strumors.com/rss/top (Free subscription) | 5 hours ago
Carl Icahn is looking to replace all of Yahoo's board stating that the board members have made a bad decision to not accept Microsoft's offer. Icahn's plan is to replace the board members, and then try to reopen negotiations with Microsoft; however, if deals with Microsoft go sour the replacement board may have trouble running the company.
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MarketingVOX (Free subscription) | yesterday
Yahoo has issued a formal response to investor Carl Icahn, who announced his intent to oust the company's board. The search company attracted Icahn's mad eye when it rejected Microsoft's takeover...
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Raw Story (Free subscription) | 3 hours ago
BERKELEY, Calif. -- Shareholders of Yahoo Inc. are now being confronted by Carl Icahn and the slate of directors he has to replace the current board. The thinking is that the company's directors screwed up an opportunity to sell to Microsoft Corp...
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Digital Media Wire (Free subscription) | yesterday
Sunnyvale, Calif. - Responding to a letter from rogue shareholder Carl Icahn blasting the company for failing to accept Microsoft's (NASD: MSFT) $33-a-share takeover offer and threatening a proxy fight for control of its board, Yahoo (NASD: YHOO) late Thursday fired back, saying that Icahn's view "reflects a significant misunderstanding of the facts." read more
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back-report.com (Free subscription) | yesterday
Yahoo! shot down Carl Icahn's bid to restart the Yahoo-Microsoft merger , telling the billionaire investor that he had a "significant misunderstanding" of the Microsoft offer. Icahn, who recently purchased nearly 59 million shares of Yahoo!, said in a letter this week that a number of shareholders have approached him to establish a new board for the company to "attempt to negotiate a...
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MSNBC.com: U.S. Business (Free subscription) | yesterday
Billionaire investor Carl Icahn, who is seeking to oust Yahoo's board of directors in a proxy battle, is a formidable foe who has brought down many corporate CEOs.
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Silicon Alley Insider (Free subscription) | yesterday
The next move in the Yahoo-Microsoft-Icahn saga is Carl Icahn's. As Yahoo (YHOO) wisely pointed out in its rebuff letter, there's no bid for Yahoo on the table right now, so it's hard to accuse Yahoo's board of doing anything worse than blowing the original negotiations. The truth, of course, is that Icahn doesn't actually want to get Yahoo's board fired. What he wants to do is...
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E-Commerce Times (Free subscription) | yesterday
Yahoo fired back Thursday at activist investor Carl Icahn, claiming he misunderstood the talks the company had with Microsoft and that its board of directors, not Icahn, was looking out for shareholders. The letter from Yahoo chairman Roy Bostock came hours after Icahn unveiled his proposed candidates to replace Yahoo's board and take control of the Sunnyvale, Calif., company.
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SEOCentro - SEO News (Free subscription) | yesterday
Carl Icahn is a powerful and extremely rich man. Companies that count him as a shareholder likely quake in their boots anytime he has something to say. However, Yahoo's board is not impressed with Icahn's threats to replace the board members with a selection of his own. In their public reply to Icahn , Yahoo's Chairman of the Board Roy Bostock pretty much tells him to go take a...
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Seeking Alpha (Free subscription) | yesterday
Eric Savitz (Barron's) submits: Yahoo (YHOO) last afternoon released the text of a lengthy letter to Carl Icahn from Yahoo Chairman Roy Bostock. The company's basic position is that Icahn doesn't get it, and that the company remains willing to talk to Microsoft (MSFT) or anyone else about a potential deal as long as the price is right. “Unfortunately, your letter reflects a significant...
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PC World (Free subscription) | 1 hour ago
This was a big IT news week, with the massive earthquake in China on Monday showing once again the role that the Internet...