Gadgets & Tech

This story has mostly positive ratings. 40 votes / No sinks

Icahn Moves to Oust the Yahoo! Board

Gadgets & Tech – Carl Icahn has been buying up Yahoo! stock, apparently planning a proxy fight designed to replace the Yahoo! Board of Directors with a set of nominees that will move forward toward a possible merger with Microsoft. On Thursday Icahn sent an open letter to Yahoo! Chairman Roy Bostock outlining his plans.

Tags: Icahn, Yahoo, Microsoft, Board of Directors

Report

Filter Comments ›
1 - 2 of 2 Comments by 2 members  RSS Feed for comments

1

Add Comment
avatar
Reply

Icahn stated that the company's board had "acted irrationally and lost the faith of shareholders and Microsoft."

avatar
Reply

"Wall Street beware... Icahn is apparently cash poor and in need of some fast money..."

1

Add Comment

You must log in first to post a comment. Secure Signin

Not a member? Sign-up today!


Who voted on this story?

Who sunk this story?

Channels
AnchorsArt & DesignAutos
BooksCareers & JobsCelebrities
Do No EvilDo-It-YourselfFamily
FoodGadgets & TechGay & Lesbian
Health & FitnessHumorLove & Personals
MenMoneyMovies
MusicNewsPets
PoliticsPopular VideosReal Estate
ReligionScienceShopping
SportsTelevisionTravel
VideoVideo GamesWomen