Inquisitr NewsInquisitr NewsInquisitr News
  • News
  • Celebrity
  • Entertainment
  • Politics
  • Sports
  • Newsletter
Reading: Yahoo and Shareholders Duke It Out
Share
Get updates in your inbox
Inquisitr NewsInquisitr News
News Alerts
  • News
  • Celebrity
  • Entertainment
  • Politics
  • Sports
  • Newsletter
Follow US
© 2025 Inquisitr Ltd. All Rights Reserved.
2026 New Year Giveaway
Science & Tech

Yahoo and Shareholders Duke It Out

Published on: May 20, 2008 at 1:33 PM ET
Bertel King, Jr
Written By Bertel King, Jr
News Writer

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” out of the public eye, according to the Associated Press. They say those documents include employee severance plans put into place after the Microsoft talks began.

Billionaire Shareholder Carl Icahn is calling for the company’s directors to be replaced at its annual meeting in July.

A ruling on the lawsuit isn’t expected to be made until next week at the earliest.

TAGGED:microsoft
Share This Article
Facebook X Flipboard Whatsapp Whatsapp Telegram Copy Link
Share
Inquisitr NewsInquisitr News
Follow US
© 2025 Inquisitr Ltd. All Rights Reserved.
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?