Peace at Last? Yahoo Settles with Icahn

Is the soap opera over?  Probably … not.  However, the drama to come at the Yahoo shareholders meeting on Aug. 1st is going to be a lot, lot less.Today it was announced that Yahoo and Carl Icahn have come to an agreement.  By giving Icahn a seat on the board as well as two others to be filled from his list of nominees (one of the current board, Robert Kotick, will not stand for re-election), Yahoo has placated Icahn to the point that he will withdraw his proxy fight plan.Yahoo said eight members

This entry was posted in Uncategorized by . Bookmark the permalink.

Leave a Reply