A Securities and Exchange Commission filling has shown that investor Carl Icahn has bought up shares of the publisher Take Two, pushing his stake in the company to just over 11%. He now owns no less than 9 million shares, which are estimated to be worth a little over 70 million dollars.The SEC document also shows tha... |
21 December 2009
15:01 GMT |
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Yahoo! has confirmed that two new directors who will be included in the executive board are from Carl Icahn's slate. The two businessmen are Frank Biondi and John Chapple, and are familiar with issues regarding media, entertainment, and even telecommunications and real estate. Previously, Biondi held executive r... |
15 August 2008
06:52 GMT |
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Yahoo!, with its current share price placing around $20, is no longer a matter of interest for Microsoft. Although the Redmond company offered $33 per share in May, when it opened a bid to buy all of Yahoo!, the facts in the next moths proved that Microsoft could have stepped into a dangerous area. The company seems ... |
25 July 2008
11:03 GMT |
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After months of debating on what was in the best interests of Yahoo! and on who should occupy the privileged chairs on the board of directors, Yahoo! and Carl Icahn have announced they have reached a settlement. Today's press release clearly indicates that the company's representatives and the investor who ... |
21 July 2008
08:59 GMT |
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Yahoo!'s stockholders who still haven't decided whether they will use their white or gold proxy card are given a strong hint. Yahoo! has just modified its webpage in order to prevent the change of the current board of directors, due to the implication of the activist investor Carl Icahn. At the bottom of th... |
19 July 2008
07:22 GMT |
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In an attempt to counterbalance the possible damage made by the proxy fighter Carl Icahn, who sent a letter to the stockholders of Yahoo! asking them to replace the current board of directors, the company's CO and CEO resorted to the same method. Their aim is directed, of course, at their continuing to work at Y... |
17 July 2008
09:46 GMT |
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It's simply a dog eat dog world wide web, and Microsoft and Yahoo are two players caught in what by now seems a perpetual takeover ballet. The figures to emerge in the latest act of this Internet search and advertising acquisition saga are Roy Bostock, Chairman of Yahoo, investor Carl Icahn, and Microsoft Chief ... |
15 July 2008
06:43 GMT |
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Last weekend brought with it what was probably the last bid made by Microsoft to the current board of directors at Yahoo!. Since the company declined the proposal once again, Carl Icahn, the major investor at Yahoo!, finally signed an official proxy statement that asks for the dismissal of Jerry Yang, current CEO of ... |
14 July 2008
11:22 GMT |
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For those who expected that Yahoo! would maybe reconsider its position regarding the deals proposed by Microsoft, the late Saturday press release came to set the record straight. As of late, the company has made a habit out of ruling out whatever the "traitor-investor" Carl Icahn and the Redmond enterprise have put f... |
14 July 2008
03:20 GMT |
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Jerry Yang, CEO of Yahoo!, is not really at ease with the never-ending story of the company's acquisition. While Carl Icahn, the investor who started a proxy fight in order to determine the replacement of the current board of directors - which is unwilling to accept Microsoft's offer -, is in talks with the... |
10 July 2008
10:19 GMT |
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The Microsoft and Yahoo mating rituals have gone wild, in the sense that the Sunnyvale Internet giant is effectively fighting against a takeover and at the same time fighting with itself in order to be swallowed by the Redmond company. The architect of the failed Microsoft and Yahoo negotiations is undoubtedly Chief ... |
8 July 2008
06:19 GMT |
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The smoldering conflict between Yahoo!'s board of directors and investor Carl Icahn is again beginning to take new shapes. While Yahoo! is making its belief known that, if Microsoft had an available offer, it would put it on the table, Icahn is assuring Yahoo! that Microsoft's intentions are serious. Whethe... |
8 July 2008
04:17 GMT |
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The Microsoft and Yahoo merger is still far from over despite failed negotiations between the two companies. Yahoo managed to remain independent and fend off Microsoft's unsolicited acquisition proposal for no less than three months and now the Sunnyvale Internet giant has to suffer the consequences. Billionaire... |
15 May 2008
13:23 GMT |
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Samsung Electronics has showed a drop in profit rates for this year's second quarter, which has made the company somewhat vulnerable. As if this wasn't bad enough news, the South Korean government is planning to take over Samsung's division in this country."58 financially healthy companies in which for... |
16 July 2007
03:35 GMT |
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