 | ||
|
 |
 |
|
|
|
|
|
|
|
After months of enduring the Microsoft Corporation takeover attempts and corporate activist, Carl Icahn’s proxy battle threats, Yahoo shareholders voted in favor of the current board members on Friday. Each board member received in excess of 75 percent of the shareholder ballots equating to a resounding “yes” vote in favor of existing board. The meeting [...]
Yahoo Inc.’s 2008 stockholders annual meeting will be held today in San Jose, California at 10:00 a.m. Pacific Time. The Internet pioneer’s six month journey leading up to this meeting described by the company as “the most important for stockholders” in the history of Yahoo! has been riveted with deep valleys and blasting storms. We [...]
Yahoo announced today that the company has reached a truce with billionaire corporate activist investor, Carl Icahn, with a settlement agreement. This strategic move settles the pending proxy battle led by Mr. Icahn a mere eleven days before the Internet pioneer’s 2008 stockholder meeting on August 1. The terms of the agreement include: 8 Yahoo! [...]
Sparing words flying, the YIM Chronicles intensified yesterday with the Internet pioneer, Yahoo! Inc., billionaire corporate activist, Carl Icahn, and the world’s largest software company, Microsoft Corp. Each waged a battle of words to set the record straight in last weekend’s case of Yahoo’s rejection of the proposed company breakup and who ultimately has the [...]
Billionaire activist, Carl Icahn, increased pressure on Yahoo, Inc. on June 3, 2008 declaring that if he succeeds at replacing the Internet icon’s board of directors, he will remove Yahoo CEO, Jerry Yang according to the New York Times. Court documents were unsealed on Monday as a result of a lawsuit against Yahoo and its [...]
Billionaire investor, Carl Icahn, received the approval of the Federal Trade Commission (FTC) on Friday to buy large blocks of stock in Yahoo according to Reuters. The FTC is an agency of the United States government founded in 1914 with the purpose to “prevent unfair methods of competition in commerce as part of the battle [...]
Yahoo! Inc. nominated nine of the company’s present 10 member board of directors for re-election on May 22. The move sets the table in the intensifying face-off with dissident Yahoo shareholders lead by activist billionaire Carl Icahn. In the battle strategy to fend off the shareholder coup, Yahoo as also rescheduled their annual meeting the [...]
Microsoft Corporation’s CEO, Steve Ballmer, confirmed Wednesday that the company is not pursuing a new bid to purchase the entire Sunnyvale, California Web portal, Yahoo, Inc. The software icon is currently conducting discussions with reference to alternate deals. Ballmer spoke in Israel at the launch of Microsoft’s new development and research facility. “We are not [...]
Microsoft Corporation is reopening the door to Yahoo, Inc. to recommence the endeavor to the possibility of making a new proposition for the Sunnyvale, California Internet search engine icon. People with knowledge of the situation are reported by the Wall Street Journal as stating that Microsoft has suggested an agreement associated with running “next to [...]
Yahoo’s Chairman of the Board, Roy Bostock, responded to billionaire corporate raider, Carl Icahn’s threat of the proposed dissident slate of directors in a published letter Thursday. Bostock stated that the Sunnyvale, California company has acted responsibly to Microsoft’s uninvited takeover bid on January 31 and that Ican’s intention “reflects a significant misunderstanding of the [...]
