NEW YORK (Reuters) - Billionaire investor Carl Icahn filed a proxy on Monday to nominate a slate of nine directors to replace Yahoo Inc's YHOO board and chief executive after the Internet company rejected Microsoft Corp's MSFT latest proposal to buy...
The more headlines I read about the spat with Yahoo on one side and Microsoft and Carl Icahn on the other, the more the parent in me wants to call a time out and send everyone to their respective corners. At the beginning of the month, I titled a post,...
NEW YORK (Reuters) - Yahoo Inc YHOO said on Thursday billionaire Carl Icahn's agenda presents a "significant risk" to the value of Yahoo stock, and that it would only sell itself to Microsoft MSFT under the right terms. The shareholder letter posted on...
By Muralikumar Anantharaman and Eric Auchard BOSTON/SAN FRANCISCO (Reuters) - Fund manager Bill Miller, one of Yahoo Inc's YHOO top shareholders, dealt a blow on Friday to billionaire investor Carl Icahn's two-month campaign to replace the Internet firm's directors, throwing his support ...
By Dane Hamilton NEW YORK (Reuters UK) - Microsoft MSFT on Monday said it would be willing to reopen talks to buy all or part of Yahoo YHOO -- but only if a new Yahoo board is elected, a major boost for investor Carl Icahn's board...
Not long after Carl Icahn, who has been pressuring Yahoo to do a deal with Microsoft, released his "Steve Ballmer and I are buddies" letter, Yahoo officially responded. Because many actions of the board and management have been mystifying to say the least, I've taken it on myself to translate...
Yahoo has been between a rock and a hard place - not making the right management decisions, losing market share, seeing high-level people stream out faster than the latest hit YouTube video, and pressure stepping up from investors. Now it's all coming together in a way that probably spells the...
SAN FRANCISCO (Reuters) - Microsoft Corp MSFT and billionaire investor Carl Icahn's joint proposal for Yahoo Inc YHOO, which was rejected on Saturday, included $2.3 billion in guaranteed annual revenue from search advertising for five years, people familiar with the matter...
By Dane Hamilton NEW YORK (Reuters) - Microsoft Corp MSFT said on Monday it would be willing to reopen talks to buy all or part of Yahoo Inc YHOO, but only if a new Yahoo board is elected -- a big boost for...
By Eric Auchard SAN FRANCISCO (Reuters) - Yahoo Inc's YHOO net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp's MSFT failed takeover bid. Shares of...
By Eric Auchard SAN FRANCISCO (Reuters UK) - Yahoo's YHOO net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft's MSFT failed takeover bid. Shares of the Internet company, which...
In the face of overwhelming competitive odds, hostile investors, and key employees jumping ship faster than a microprocessor can count, Yahoo management is taking the tried and true way to face adversity: reorganization -- its fourth in 18 months. VentureBeat is finding the situation predictable because so...
When you think Carl Icahn, the word-associations that spring to mind probably include "shareholder activist," "corporate raider," "operator," "shark" and perhaps "@%&!-stirrer." But "stand-up comic?" Probably not. In this YouTube video, however, the Scourge of the Stock Price shows his lighter side, getting the big yucks from...
NEW YORK (Reuters) - Biogen Idec Inc BIIB shareholders elected the company's four-member slate of nominees to its board of directors, handily beating those proposed by billionaire investor Carl Icahn, Biogen said on Wednesday. The nominees for the biotech's board included: Cecil ...
Yahoo Inc on Monday sought to rally shareholder support in the face of a proxy battle with billionaire Carl Icahn, saying the activist investor had an "ill-defined plan" for the future of the Internet company.Yahoo detailed its rationale for rejecting a $US47.5 billion takeover offer by Microsoft Corp, questioning...
By Muralikumar Anantharaman CHICAGO (Reuters) - A portfolio manager for Yahoo Inc's YHOO third-largest institutional shareholder, Legg Mason Capital Management, said on Friday he is not sure if he will support activist investor Carl Icahn's board slate. Icahn is seeking to oust Yahoo's...
So what's that water cooler conversation going to sound like at the Yahoo executive suite today? Probably something like this: Sue Decker: So Jerry how was your weekend? Jerry Yang: Not too bad. I didn't have to talk to Steve Ballmer so how bad...
Another day another Carl Icahn to Roy Bostock letter. In this installment, our activist billionaire is annoyed by the Yahoo chairman's terse response to his previous letter. Hmm. Maybe these folks should just pick up the damn phone. Anyway, here's the letter. You can...
See Carl Icahn blast Jerry Yang over a compensation plan to fend off a Microsoft bid. See Jerry tell Carl he's manipulating facts and using allegations from a complaint that has no merit. See Larry's eyes glaze over. Anyone else sick of this dueling letter thing? ...
