DealBook (Free subscription) | 05/14/2008
As news surfaced that Carl C. Icahn may go on the warpath at Yahoo, questions turned to what kind of support the billionaire investor and activist shareholder could expect — both from Microsoft and Yahoo shareholders alike. According to press reports, Mr. Icahn is considering a proxy fight for seats on the Yahoo board in hopes [...]
Star Tribune (Free subscription) | 05/10/2008
RICHMOND, Va. - Circuit City Stores Inc. on Friday gave in to pressure from activist shareholders, essentially putting itself up for sale and agreeing to nominate dissident directors to its board.The electronics retailer announced it would open its books to Blockbuster Inc. and Blockbuster's largest shareholder, Carl Icahn. It did so after Icahn defused concerns over whether Blockbuster...
Business Wire (Free subscription) | 05/08/2008
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Biogen Idec (Nasdaq: BIIB) today commenced the mailing of proxy materials encouraging shareholders to vote at the company's
FinanMart.com - IT News (Free subscription) | 13 hours ago
Icahn to Yahoo: Prepare to Be Boarded Erika Morphy 05/15/08 1:45 PM PT Carl Icahn, the famed activist shareholder, has put forth his own slate of nominees for the Yahoo board of directors. Icahn pulled no punches, accusing the current board of "irresponsible" and "unconscionable" behavior in rejecting Microsoft's earlier takeover offers. He plans to launch the proxy fight at Yahoo's July...
International Herald Tribune (Free subscription) | yesterday
The billionaire investor and activist shareholder proposed a dissident slate of directors for the Yahoo board as he tries to force the company to restart talks to sell itself to Microsoft.
The Street (Free subscription) | yesterday
Updated from 2:37 p.m. EDT with new stock pricesTech stocks were up Thursday with news of activist shareholder Carl Icahn's proxy battle against Yahoo!'s current management dominating the sector. Yahoo! gained 61 cents, or 2.3%, to $27.75 following activist shareholder Carl Icahn's decision to against Yahoo's current management for rejecting Microsoft's offer for the company....
Market Watch (Free subscription) | yesterday
While not a stranger to high-risk bets, activist shareholder Carl Icahn may be pushing even his limits with his latest move on Yahoo Inc.
New York Times (Free subscription) | yesterday
The billionaire investor and activist shareholder proposed a dissident slate of directors for the Yahoo board as he tries to force the company to restart talks to sell itself to Microsoft.
Adotas (Free subscription) | yesterday
ADOTAS – Let the battles begin! Er, continue! Carl Icahn has launched a proxy battle to force Yahoo into talks (again) with Microsoft, the activist shareholder said in an open letter addressed to Yahoo’s chairman, Roy Bostock. Icahn said Yahoo’s board members behaved “irrationally” and contrary to their best interests, when they rejected Microsoft's $47.5 billion offer. He said that he...
DealBook (Free subscription) | yesterday
The billionaire investor and activist shareholder, Carl Icahn, has decided to move ahead with plans for a proxy fight at Yahoo and will propose a dissident slate of directors, The New York Times reported on Wednesday. Mr. Icahn, who has told associates that he has bought as many as 50 million shares of Yahoo, is leaning [...]
International Herald Tribune (Free subscription) | yesterday
The billionaire investor and activist shareholder proposed a dissident slate of directors for the Yahoo board as he tries to force the company to restart talks to sell itself to Microsoft.
And, yes, I DO take it personally (Free subscription) | yesterday
i've posted on the odious carl icahn before ... portraying carl icahn as an "activist shareholder" and an "agitator for change" is flat-out bullshit... carl icahn is out for himself and himself alone... Carl Icahn today's nyt ... Carl C. Icahn, the billionaire investor and activist shareholder , has decided to move ahead with plans for a proxy fight at Yahoo and will propose...
Adotas (Free subscription) | 05/14/2008
ADOTAS – The boisterous billionaire Carl Icahn thinks he can (which means there’s a good chance he will) take control of Yahoo’s board and force it into talks with Microsoft again. The activist shareholder has reportedly told associates that he bought about 50 million shares of Yahoo (worth a cool bill) as part of his plan to press for seats on the board. Other Yahoo investors, depressed...
San Diego Union (Free subscription) | 05/14/2008
The Microsoft-Yahoo merger story may not be over yet. Carl C. Icahn, the billionaire investor and activist shareholder, is considering a proxy fight for seats on the Yahoo board in hopes of pushing the company to restart talks to sell itself to Microsoft, people who have held discussions with him said yesterday.
Seeking Alpha (Free subscription) | 05/14/2008
Erick Schonfeld submits: Add billionaire and activist shareholder Carl Icahn to the list of investors who want to pressure Yahoo to go back to the negotiating table with Microsoft. According to CNBC , he is considering a proxy fight and may be buying up as many as 50 million shares. (That would be about 3.6 percent of the total.) He would find good company in Yahoo’s two biggest outside...
