Has Jerry Yang, Yahoo?s embattled chief executive, played a part in picking his own successor? As part of the deal Yahoo reached with activist investor Carl C. Icahn to end a bruising and acrimonious fight for control of the company, one of three seats on the company?s expanded board to go to outside candidates is expected [...]Source : DealBook (subscribe)
Yahoo Will Add Icahn to Its Board
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.
Icahn Backs Down From Yahoo Proxy Fight In Return For Three Yahoo Board Seats (TechCrunch)
Carl Icahn and Yahoo have come to a settlement over control of Yahoo?s board. In return for three board seats, Icahn has agreed to withdraw his alternative slate of nominees and back down from a full-fledged proxy war. Icahn will be given a seat on the board, existing board member Robert Kotick (CEO of [...]Source : TechCrunch (subscribe)Explore : Internet, Legg Mason, TechCrunch, Technology, Web 2
Icahn Backs Down From Yahoo Proxy Fight In Return For Three Yahoo Board Seats (TechCrunch)
Carl Icahn and Yahoo have come to a settlement over control of Yahoo?s board. In return for three board seats, Icahn has agreed to withdraw his alternative slate of nominees and back down from a full-fledged proxy war. Icahn will be given a seat on the board, existing board member Robert Kotick (CEO of [...]Source : TechCrunch (subscribe)Explore : Internet, Legg Mason, TechCrunch, Technology, Web 2
Icahn Settles For Three Seats on Yahoo?s Board (Mashable)
Yahoo! reached an agreement with Carl Icahn: eight members of Yahoo?s current board of directors will stand for re-election; the board will be expanded to 11 members, Icahn will take one, and the other two will be chosen based on his recommendation. Yahoo! co-founder and CEO Jerry Yang said this of the agreement: ?This agreement will not only allow Yahoo! to put the distraction of the proxy contest...Source : Mashable (subscribe)Explore : Jerry Yang, Mashable, Technology, Web 2, Yahoo!
Yahoo Adds Icahn to Board, Avoiding a Showdown
Yahoo averted a bruising proxy contest with the investor Carl Icahn by agreeing to appoint him and two others to its board.
Yahoo settles with Icahn to avert shareholder fight to replace entire board (StarTribune.com)
SUNNYVALE, Calif. - Yahoo Inc. said Monday it reached a settlement with activist investor Carl Icahn that will put him and two of his nominees on an expanded board of directors.The agreement will avert a battle over control of the company that was expected at an Aug. 1 shareholders vote.Under the agreement, eight members of the current board will seek re-election. Icahn will be appointed to the board,...Source : StarTribune.com (subscribe)
Settlement Puts Icahn on Yahoo Board (New York Times)
Yahoo said it had reached a settlement with the investor Carl Icahn to avert a battle over control of the company. Source : New York Times (subscribe)Explore : Technology
Settlement Puts Icahn on Yahoo Board
Yahoo said it had reached a settlement with the investor Carl Icahn to avert a battle over control of the company.
Yahoo nominates Icahn to board, settles proxy fight
NEW YORK (Reuters) - Yahoo Inc will appoint activist investor Carl Icahn and two members of his slate of directors to the company's board, settling a proxy battle ahead of its August 1 annual shareholders meeting.
Yahoo nominates Icahn to board, settles proxy fight (Reuters)
Reuters - Yahoo Inc will appoint
activist investor Carl Icahn and two members of his slate of
directors to the company's board, settling a proxy battle ahead
of its August 1 annual shareholders meeting.
Legg Mason Backs Yahoo Board
Legg Mason plans to vote in favor of Yahoo's current directors, defying Carl Icahn's efforts to replace the board with his own slate.
Yahoo Stands Behind Its Board Again
Yahoo Chairman Bostock and CEO Yang issued a new letter to company shareholders Thursday, criticizing what they called the "Carl Icahn-Microsoft alliance" as offering an agenda that "will destroy stockholder value."
Icahn again takes aim at Yahoo board (Seattle Post-Intelligencer)
SAN FRANCISCO -- Apparently abandoning hopes for a truce with Yahoo Inc., investor Carl Icahn sharpened his focus on replacing the Internet company's board Monday after his attempt to negotiate a deal with Microsoft Corp. was angrily rejected.Source : Seattle Post-Intelligencer (subscribe)Explore : Business
Outraged Icahn refocuses on ousting Yahoo board (Seattle Times)
Apparently abandoning hopes for a truce with Yahoo Inc., investor Carl Icahn sharpened his focus on replacing the Internet company's board Monday after his attempt to negotiate a deal with Microsoft Corp. was angrily rejected.Source : Seattle Times (subscribe)Explore : Internet, Seattle, Technology
Outraged Icahn refocuses on ousting Yahoo board (AP)
AP - Apparently abandoning hopes for a truce with Yahoo Inc., investor Carl Icahn sharpened his focus on replacing the Internet company's board Monday after his attempt to negotiate a deal with Microsoft Corp. was angrily rejected.
Icahn to run slate of nine for Yahoo board (Cnet)
Following the nixed weekend bid in tandem with Microsoft, the billionaire investor launches a formal quest to replace Yahoo's board.Source : Cnet (subscribe)Explore : Internet, Media, Software and services, Technology, Telecommunication
Tensions escalating in battle for Yahoo's board (Physorg)
(AP) -- After more than five months of sparring, the battle for control of Yahoo Inc. has turned into a bare-knuckles brawl with a whiff of desperation hanging over all the key combatants.Source : Physorg (subscribe)Explore : Sciences
Tensions escalating in battle for Yahoo's board (AP)
AP - After more than five months of sparring, the battle for control of Yahoo Inc. has turned into a bare-knuckles brawl with a whiff of desperation hanging over all the key combatants.
Microsoft backs Icahn's bid to oust Yahoo board (Jamaica Gleaner :: Business)
Microsoft Corp threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc's board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly...Source : Jamaica Gleaner :: Business (subscribe)
Microsoft Backs Icahn's Bid To Oust Yahoo Board (Tampa Bay Online)
SAN FRANCISCO - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company Source : Tampa Bay Online (subscribe)Explore : Business, Internet, Search Engines, Technology
Microsoft May Oust Yahoo Board (Time)
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid Source : Time (subscribe)
Microsoft backs Icahn's bid to oust Yahoo board (AP)
AP - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.
Microsoft Wants a New Yahoo Board (Time)
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal Source : Time (subscribe)
Microsoft may talk with Yahoo if board is ousted (AP)
AP - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another multibillion-dollar deal.
Microsoft wants to negotiate with new Yahoo board (Los Angeles Times)
SAN FRANCISCO -- Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying today that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another multibillion-dollar deal.The development gives Icahn a huge carrot to dangle before Yahoo shareholders as he wages a campaign to oust Yahoo's nine...Source : Los Angeles Times (subscribe)Explore : Search Engines, Technology
Microsoft Is Open to Yahoo Deal if Board Is Replaced
Microsoft said that it might be interested in negotiating a deal with Yahoo as long as Yahoo replaces its board.
Microsoft wants to negotiate with new Yahoo board (kansascity.com)
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.Source : kansascity.com (subscribe)Explore : Technology, Yahoo! Inc.
Microsoft wants to negotiate with new Yahoo board (AP)
AP - Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.
Icahn urges Yahoo shareholders to elect new board (AP)
AP - Microsoft and billionaire activist investor Carl Icahn say the software maker is willing to discuss a transaction with Yahoo if shareholders of the online search company elect a new board.
DealBook: Icahn: Microsoft Deal Possible if Yahoo Board Goes
In a letter to shareholders, Carl C. Icahn dangled the prospect of Microsoft returning to the negotiating table.
Yahoo Defends Board's Actions
Yahoo cast new doubts on whether Microsoft was ever committed to acquiring it, as the Internet company defended management decisions it has made since rejecting Microsoft's unsolicited bid. (Read presentation.)
Icahn Attacks Yahoo Board
Carl Icahn accused Yahoo CEO Yang of going to "inordinate lengths" to sabotage Microsoft's bid and called on the Yahoo board to rescind a companywide severance plan. (Icahn's letter)
Investor seeks to oust Yahoo board
Read full story for latest details.
Report: Icahn more determined to oust Yahoo board (Seattle Times)
Outraged by new details about Yahoo Inc.'s efforts to complicate Microsoft Corp.'s takeover bid, activist investor Carl Icahn says he believes Yahoo's board will have to be fired to lure Microsoft back to the bargaining table.Source : Seattle Times (subscribe)
Report: Icahn more determined to oust Yahoo board (Examiner)
Outraged by new details about Yahoo Inc.'s efforts to complicate Microsoft Corp.'s takeover bid, activist investor Carl Icahn says he believes Yahoo's board will have to be fired to lure Microsoft back to the bargaining table.Source : Examiner (subscribe)Explore : Technology
Yahoo board recommends against Icahn board slate (Market Watch)
SAN FRANCISCO (MarketWatch) -- Yahoo Inc. recommended that shareholders reject a slate of directors proposed by billionaire investor Carl Icahn, according to a prelinimary proxy statement filed with the Securities and Exchange Commission late Friday. "We do not believe that election of the Icahn Entities' nominees to our Board of Directors is in the best interests of our stockholders," the proxy statement...Source : Market Watch (subscribe)Explore : Markets
Yahoo board recommends against Icahn board slate (Market Watch)
SAN FRANCISCO (MarketWatch) -- Yahoo Inc. recommended that shareholders reject a slate of directors proposed by billionaire investor Carl Icahn, according to a prelinimary proxy statement filed with the Securities and Exchange Commission late Friday. "We do not believe that election of the Icahn Entities' nominees to our Board of Directors is in the best interests of our stockholders," the proxy statement...Source : Market Watch (subscribe)Explore : Markets
Yahoo Nominates Current Board but Postpones Shareholder Meeting (Search Engine Strategies Blog)
Yahoo has nominated 9 of the 10 current board members for re-election this July. But the shareholders meeting has been postponed . Originally scheduled for July 3, the meeting is now expected to occur in late July. Who the delay ultimately ends up helping remains to be seen. On the one hand, the delay could help Carl Icahn in his proxy board fight . Or the time could help the current board negotiate...Source : Search Engine Strategies Blog (subscribe)Explore : Search Engines, Technology
Yahoo Nominates Existing Board (DealBook)
Yahoo nominated 9 of its 10 existing directors for re-election to the company's board on Thursday, setting the stage for a showdown with dissident shareholders at its annual shareholder meeting. Yahoo also postponed its annual meeting from July 3 and said it now expected to hold it at the end of July. The Internet media company also [...]Source : DealBook (subscribe)
Yahoo renominates board, postpones annual meeting (The Earth Times Online Newspaper)
NEW YORK (Reuters) - Yahoo Inc on Thursday nominated nine of its 10 existing directors for reelection to the company's board, setting the stage for a showdown with dissident investors at its annual shareholder meeting.Source : The Earth Times Online Newspaper (subscribe)Explore : Business, Cities and Towns, New York City
A battle of billionaires Carl C. Icahn hopes to oust Yahoo's board and CEO Jerry Yang. (Philadelphia Inquirer)
The battle for control of Yahoo Inc. pits two billionaires against each other in a race to the Internet company's annual shareholder meeting on July 3.Source : Philadelphia Inquirer (subscribe)Explore : Business, Internet, Search Engines, Technology
Yahoo's board vs. Icahn's slate (International Herald Tribune)
A look at Yahoo's current board of directors and the opposing slate of candidates nominated by Carl Icahn in hopes of forcing Yahoo to renew sales negotiations with Microsoft. Source : International Herald Tribune (subscribe)
Icahn Calls Yahoo! Board Irresponsible & Suggests Alternate Directors; Yahoo! Says Icahn Misunderstood The Microsoft Proposal (Pulse2)
This morning American billionaire and a major Yahoo! shareholder sent a letter to Yahoo! saying that their board of directors was acting irrationally. The letter relates to Yahoo! relates to the bid that Microsoft made for Yahoo! Microsoft told the Yahoo! Board that they wanted to acquire Yahoo! for $33 per share. However, Yahoo! [...]Source : Pulse2 (subscribe)Explore : Technology, Web 2
Icahn Calls Yahoo! Board Irresponsible & Suggests Alternate Directors; Yahoo! Says Icahn Misunderstood The Microsoft Proposal (Pulse2)
This morning American billionaire and a major Yahoo! shareholder sent a letter to Yahoo! saying that their board of directors was acting irrationally. The letter relates to Yahoo! relates to the bid that Microsoft made for Yahoo! Microsoft told the Yahoo! Board that they wanted to acquire Yahoo! for $33 per share. However, Yahoo! [...]Source : Pulse2 (subscribe)Explore : Technology, Web 2
Icahn starts proxy fight for Yahoo and proposes dissident board (International Herald Tribune)
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.Source : International Herald Tribune (subscribe)
Icahn Announces Plans to Seize Yahoo Board with Help from Mark Cuban (Mashable)
As expected, Carl Icahn has sent a letter to Yahoo Chariman Roy Bostock indicating his plans to nominate an alternative board of directors, which, amongst others, includes Mark Cuban, who has been a proponent of a combined Microsoft-Yahoo since the news first broke. Ironically, Cuban made his fortune when he sold Broadcast.com to Yahoo [...] Source : Mashable (subscribe)Explore : Mashable, Microsoft Yahoo, Search Engines, Technology, Web 2
Icahn Takes on Yahoo Board
Billionaire investor Carl Icahn launched a proxy contest to unseat Yahoo 's board, writing in a letter that Yahoo directors have "acted irrationally and lost the faith of shareholders."
Billionaire in bid to oust Yahoo board
Read full story for latest details.
Icahn Proposes Dissident Yahoo Board
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.