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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Given the troubled economic environment we're living in, Yahoo! couldn't have won the day. With the second quarter financial report, Yahoo! confirms that the Microsoft deal, the proxy fight initiated by Carl Icahn and the subsequent litigations have cost the company a pricey $22 million. The net income from... |
23 July 2008
03:17 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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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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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 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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After Monday Bill Gates said that Yahoo! wasn't a must have for his company, yesterday The New York Times reported citing anonymous sources that Microsoft is quietly preparing to K.O. the Sunnyvale-based company in a proxy fight, to be authorized later this week. After attempting the polite approach (almost poli... |
20 February 2008
12:06 GMT |
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Microsoft saw Yahoo's negative answer coming a mile away. Sure, the Redmond company went up all the way to $31 per share for Yahoo, offering a premium of no less than 60% on the trading price of the Sunnyvale Internet giant on February 1, 2008, and offering an estimate $44.6 billion. But after almost two years o... |
19 February 2008
12:48 GMT |
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