Posts Tagged ‘ icahn ’

  • Plea to Yahoo: Shut Up and Sell Yourself Already
    Comments - Posted 07.21.08

    We interrupt our programming for a brief editorial…
    Am I the only one who dreads waking up each day to see what silly new banter, war cry, or promise has been put forward in the neverending saga of Yahoo’s downward spiral?
    The latest news today, in case you’re the one person who hasn’t heard it, is that [...]

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  • Yahoo Talks to Time Warner; Microsoft Meets with Icahn
    Comments - Posted 07.07.08

    Yahoo’s starting up direct talks with Time Warner, while Microsoft is meeting with Carl Icahn to plan for the future.
    Yahoo spent time with Time Warner over the holiday weekend, according to London’s Times Online. The paper reports Yahoo’s board is struggling to seal some kind of deal before its August 1 shareholders’ meeting — [...]

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  • Yahoo’s Yang In The Line Of Fire
    Comments - Posted 06.03.08

    Yahoo investor Carl Icahn is now directly targeting CEO Jerry Yang in his battle to replace the company’s leadership.
    Icahn tells the Wall Street Journal he’d want Yang out if he won the right to remove the board of directors.
    “It’s no longer a mystery to me why Microsoft’s offer isn’t around,” he [...]

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  • Yahoo and Shareholders Duke It Out
    Comments - Posted 05.20.08

    The gloves are coming off in the battle between Yahoo and its upset shareholders.
    The two sides held a private phone conference with a judge today. They were discussing a lawsuit over how Yahoo’s board handled the Microsoft takeover talks earlier this month.
    The shareholders claim the board is trying to keep “embarrassing documents” [...]

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  • Yahoo Lashes Out At Call For Change
    Comments - Posted 05.16.08

    Yahoo is firing back at the billionaire investor who called for its board of directors to be removed.
    Carl Icahn sent a letter to Yahoo executives yesterday saying the board “acted irrationally and lost the faith of its shareholders” during its broken down takeover talks with Microsoft. Icahn went on to nominate 10 of his [...]

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  • Investor Calls For Yahoo Board Removal
    Comments - Posted 05.15.08

    A billionaire investor and activist is now fighting to remove Yahoo’s board of directors and reignite its talks with Microsoft.
    Carl Icahn officially submitted notice of his request to the company today. He says he owns 59 million shares of Yahoo and believes the company’s board “acted irrationally and lost the faith of shareholders” during [...]

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