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The tension mounts... See the full article for more details; apparently Yahoo's board has been much more responsive to Icahn than they were to Microsoft. Icahn said in a letter to Yahoo's board that a combination with Microsoft "is by far the most sensible path" if the Internet company wants to...
Full Coverage:
Yahoo chief tells troops to prepare for proxy war
The e-mails were sent after Icahn formally submitted his slate of director-nominees as part of a bold proxy campaign to replace the current Yahoo board. Icahn has accused the current board of having "completely botched" the Microsoft negotiations and wants to replace the directors in order to...
Yahoo Responds To Icahn Proxy Letter (AHN)
Ed Sutherland - AHN Editor Sunnyvale, CA (AHN) - Yahoo Thursday responded to billionaire investor Carl Icahn's push to nominate his own slate of directors for the Internet company. In a statement, Yahoo board chairman Roy Bostock said Icahn's effort "reflects a significant misunderstanding of the...
AHN - Yahoo Responds To Icahn Proxy Letter
Ed Sutherland - AHN Editor Sunnyvale, CA (AHN) - Yahoo Thursday responded to billionaire investor Carl Icahn's push to nominate his own slate of directors for the Internet company. In a statement, Yahoo board chairman Roy Bostock said Icahn's effort "reflects a significant misunderstanding of the...
Eflask commented on "Housing starts surge in April on apartment construction"
Hard to say as far as these Ryan-style McMansions are concerned. NAR notes that demographic trends will continue to reduce demand for these gargantuas over time. Houses that are affordable to the median income of your area will likely bounce back long before this subdivision will. Perhaps that...
Geek Week: CNET gets swallowed, Yahoo proxy fight to follow
I think, therefore Icahn. Just when you thought the Yahoo-Microsoft deal was kaput, in steps everyone's least favorite uncle Carl Icahn to muck things up. In a letter to the Yahoo board, the curmudgeon billionaire scolded board members, then announced his intentions to buy $2.5 billion of Yahoo...
Carl Icahn Takes on Yahoo’s Board
narramissic and several others have written to point out that Carl Icahn has initiated a proxy battle with Yahoo's board of directors over their rejection of Microsoft's bid for the company in February. Icahn has purchased millions of Yahoo shares over the past week and assembled a group of nine ...
Look out, Yahoo!
Remember those scary movie close-ups of a fly caught in a spider’s web, or some tourist who steps into quicksand, or another variation of the same? How with each twist and turn to get free, the captive enmeshes themselves deeper into the trap? We’re starting to get that uncomfortable feeling...
Icahn's Yahoo fight puts Microsoft in driver's seat
By Daisuke Wakabayashi SEATTLE (Reuters) - Two weeks after Microsoft abandoned its pursuit of Yahoo , a proxy fight launched by activist investor Carl Icahn has put Microsoft in the driver’s seat. Icahn wants Yahoo to reopen talks with Microsoft, saying the company’s board had acted...
Ahead of the Bell: Yahoo's move after Icahn
NEW YORK — Billionaire investor Carl Icahn's feud for control of Yahoo Inc. may push the Internet portal back into the arms of previously spurned Microsoft Corp., an analyst said late Thursday. Icahn said earlier this week that he will use his 4.3 percent stake in the Sunnyvale, Calif., company...
Yahoo rushing Google deal to fight Icahn?
Yahoo is accelerating the process of launching an expanded Google deal to stave off investor Carl Icahn's board takeover attempt and a resulting Microsoft buyout, say alleged sources for the New York Post. The renewed threat of a Microsoft acquisition has supposedly led Yahoo to step up plans...
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