Icahn Says He Will Try To Oust Yahoo Chief

theledger.com     May 16, 2008            

SAN FRANCISCO | Yahoo Inc. Chief Executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of $47.5 billion, or risk being fired in a shareholder mutiny led by activist... [read full story]                    

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Yahoo Responds to Icahn, Claims Financier Misunderstands Facts

dmwmedia.com     May 16, 2008          

Sunnyvale, Calif. - Responding to a letter from rogue shareholder Carl Icahn blasting the company for failing to accept Microsoft's (NASD: MSFT) $33-a-share takeover offer and threatening a proxy fight for control of its board, Yahoo (NASD: YHOO) late Thursday fired back, saying that Icahn's view...                    

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buonsenso commented on "Carl Icahn will destroy Yahoo"

marketwatch.com     May 17, 2008          

Right on. Your title "Carl Icahn will destroy Yahoo" says it best. That's what Icahn specializes in and does best: to destroy functioning companies, under the pretense of improving them, for the sole purpose of enriching himself and his investors. What a way to make a living. Story: Carl Icahn...                    

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Yahoo to Icahn: Hey, “Irrational” Is Our Middle Name [Digital Daily]

allthingsd.com     May 16, 2008          

If, as Carl Icahn claimed this morning, Yahoo’s board has acted irrationally and lost the faith of shareholders, the Internet company apparently sees no point in acting rationally to regain it. In a letter to the investor-agitator, Yahoo Chairman Roy Bostock dismissed Icahn’s threat of a proxy...                    

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BoomTown Decodes Carl Icahn’s Letter to Yahoo! [BoomTown]

allthingsd.com     May 15, 2008          

BoomTown's most favorite part of the Yahoo takeover circus? The dueling letters, of course! How the lovely practice of missives has fallen out of favor, as soulless emails have grown in use. Well, not in the land of hostile takeovers! So here's our decoding of billionaire investor Carl Icahn's...                    

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Yahoo Rejects Icahn Ultimatum--Signs Deal with Ad Giant

hispanicbusiness.com     May 16, 2008          

SAN FRANCISCO (dpa) -- Yahoo chairman Roy Bostock has stridently rejected Carl Icahn's attack on the company, charging the corporate raider with "significantly misunderstanding the facts" of Microsoft's spurned takeover proposal. The deal is part of Yahoo's attempt to increase its advertising...                    

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Todd Bishop on Microsoft: Full text: Icahn seeks to unseat Yahoo board

nwsource.com     May 17, 2008          

Declaring himself "perplexed" by the actions of Yahoo's current board members, billionaire investor Carl Icahn today launched his attempt to unseat them following Microsoft's decision to withdraw its acquisition bid. In his letter, Icahn says he hopes the current board will negotiate a deal with...                    

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CNET: Yahoo investors begin to weigh in on Icahn proxy fight

breakoutperformance.blogspot.com     May 17, 2008          

May 15, 2008 5:03 PM PDTPosted by Dawn KawamotoA major Yahoo investor weighed in late Wednesday with support for Carl Icahn's initiative to unseat Yahoo's board, signaling yet another salvo to be fired in the coming weeks as the proxy fight between Icahn and Yahoo heats up.Paulson & Co., which...                    

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Dow Jones: Microsoft's Silence Isn't Golden To Some Yahoo Shareholders

breakoutperformance.blogspot.com     May 17, 2008          

May 16, 2008: 05:44 PM ESTSAN FRANCISCO -(Dow Jones)- As Carl Icahn's proxy fight has raised the noise surrounding Yahoo Inc. (YHOO), the silence from the company's erstwhile suitor, Microsoft Corp. (MSFT), is leaving Wall Street perplexed.Observers are left to make educated guesses about...                    

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Yahoo rebuffs plan to oust board

newsvine.com     May 18, 2008          

News Type: Event — Seeded on Sat May 17, 2008 10:46 PM EDT Yahoo has rebuffed billionaire investor Carl Icahn's plan to oust the current board of the net portal. Mr Icahn is amassing a stake in Yahoo in an attempt to force out the current board over its handling of a failed merger deal with...                    

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