Well, we knew that. There really wasn’t any question after Icahn took the deal for seats on the board for himself and a few handpicked followers. Jonathon Miller won’t be one of them however – his non-compete agreement with AOL is still in effect, allowing Time Warner to block his joining the Yahoo board. The [...]
Yahoo Stockholders Meeting Anticlimactic
August 2nd, 2008Pickens Dumps Yahoo Stock
July 30th, 2008T Boone Pickens, Texas oil tycoon and self styled alternate energy pioneer, has sold his 10 million shares of Yahoo stock following the Yahoo – Icahn deal and prior to Friday’s stockholders’ meeting. Pickens had purchased the stock back in May, when he announced his support of Icahn move to supplant the entire Yahoo board [...]
Icahn Compromises
July 22nd, 2008In a surprising turn of events, Carl Icahn agreed yesterday to call off his proxy fight against Yahoo – in exchange for seats on the board. One for him, one supposedly for former AOL exec Jonathon Miller (recommended by Yang), and a third for another director to be chosen from Icahn’s stable. This directly after [...]
Has Icahn Met His Match?
July 20th, 2008Carl Icahn, the billionaire with a past record of hostile takeovers and proxy fights, appears to have definite ideas about the value of Yahoo and what should be done with it. Icahn bought up 50 million shares of Yahoo earlier this year in an attempt to overthrow the current board and inplement his own vision [...]
White Card Push for Re-election
July 15th, 2008Icahn and Microsoft are openly in cahoots now, as the stockholders’ meeting looms imminent. Proposal after proposal is being fired at yahoo, apparently with the sole intent of being turned down. Then the corporate mogul and Redmond software company can roll their eyes and say how they are trying so hard to come to a [...]













