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By Elise Ackerman, San Jose Mercury News, Calif. May 14--Yahoo's shares shot up Tuesday after a billionaire activist investor with a history of closing controversial corporate deals let it be known he is poised to launch a fight for control of the Internet icon.
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...
Commentary: Investor's all-stars will first try to deal with Microsoft BERKELEY, Calif. (MarketWatch) -- Shareholders of Yahoo Inc. are now being confronted by Carl Icahn and the slate of directors he has to replace the current board. The thinking is that the company's directors screwed up an...
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...
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...
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...
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...
pa87's MarketWatch story recommendations will appear here. Any MarketWatch story can be recommended by clicking the stars at the top of the story. Story: Carl Icahn will destroy Yahoo (17 minutes ago) Dvorak may question their computer industry talents, why don't we question his? He's a tech guy,...
GripperDon's MarketWatch story recommendations will appear here. Any MarketWatch story can be recommended by clicking the stars at the top of the story. Story: Carl Icahn will destroy Yahoo (1 minute ago) I am bit tired of the defense of the Yahoo Board, they are every bit a bunch of Hayoo's....
SEATTLE: Two weeks after Microsoft abandoned its pursuit of Yahoo Inc, 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 "irrationally" when it rejected Microsoft's...
notonmydimeyoudont's MarketWatch story recommendations will appear here. Any MarketWatch story can be recommended by clicking the stars at the top of the story. Story: Carl Icahn will destroy Yahoo (8 minutes ago) Well as I see it what MS wants MS gets. And if that happens Yahoo is doomed. I've...
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