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Icahn slates Yang as Yahoo! talks with Microsoft continue
agreed a value for the internet firm's search business, as billionaire investor Carl Icahn continues ... Icahn, who launched a scathing attack on chief executive Jerry Yang's stewardship of Yahoo!. Icahn ... amazed at the length Jerry Yang and the Yahoo! board have gone to in order to entrench their positions ... of that business. Carl Icahn letter to the Yahoo! board Roy Bostock Chairman Yahoo! Inc. 701 First Avenue ...
By Staff / Brand Republic 05-Jun-08
Jerry Yang to step down as Yahoo! chief executive
NEW YORK - Jerry Yang, the under fire Yahoo! chief executive, is to step down from his position ... include Yang critic Carl Icahn. Normal 0 Icahn, a major supporter of the $44.6bn ( 29.6bn ... Normal 0 Yang's resignation was announced last night, 17 months after he was asked to again take the reins at the company he founded in 1995. Yang will stay on the board and will return ...
By Staff / Brand Republic 18-Nov-08
Carl Icahn letter to Yahoo shareholders - July 12
Dear Fellow Yahoo! Shareholders, We are significant shareholders of Yahoo! Inc ... failed to bring in a talented and experienced CEO to replace Jerry Yang and return Jerry to his role ... , CARL C. ICAHN ... . To that end, we have nominated nine directors to replace Yahoo's current board. We urge you to read ...
Brand Republic 14-Jul-08
Yahoo!'s Yang could be ousted
LONDON - Yahoo! board members may force chief executive Jerry Yang out of the company he founded ... activist investor Carl Icahn, are growing increasingly "unhappy" with Yang. Weiner said: "It is pretty ... 's bid price of $33 per share. However, Yahoo! shareholders voted in favour of Yang and his fellow ... investor Icahn, who has built his stake in Yahoo! to 5%, had been pushing for the complete removal of Yahoo!'s ...
By Staff / Brand Republic 23-Oct-08
Yahoo!'s Yang defends leadership
SAN DIEGO - Jerry Yang, the under fire Yahoo! chief executive, has defended his leadership ... , such as Carl Icahn. Icahn threatened to launch a battle to oust the Yahoo!'s 10-strong board if it did ... that Yahoo! was an underseige company Yang said: "I do think I am the best person to lead Yahoo. "We did ... failed to agree on a price. Yahoo! said it would only settle for $37 a share. However, Yang said ...
By Staff / Brand Republic 29-May-08
Yahoo! postpones annual meeting as Yang buys time
LONDON - Yahoo! has postponed its annual meeting after disgruntled activist investor Carl Icahn ... that Yahoo! chief executive officer Jerry Yang is under pressure to prove he can win investors back after rejecting Microsoft s offer. Last week, Icahn said that he would seek control of the board if Yahoo ... for shareholders to vote on. Microsoft abandoned its bid for Yahoo! on May 3, three months after its initial ...
By Darren Davidson / Brand Republic 23-May-08
Icahn files proxy to nominate new slate of Yahoo! directors
directors to replace Yahoo!'s current board and chief executive Jerry Yang following the internet firm ... to replace Jerry Yang and return Jerry to his role as chief of Yahoo!, and currently it is witnessing a ... Icahn, who holds about 5% of Yahoo! shares, filed the proxy with the US Securities and Exchange Commission, urging Yahoo! shareholders to vote in favour of his proposed slate. Icahn wrote: "We believe ...
By Staff / Brand Republic 14-Jul-08
Yahoo! hits back at Icahn's takeover plan
LONDON - Yahoo! has hit back at activist investor Carl Icahn, questioning his investment record ... to shareholders sent by Icahn last Thursday calling for chief executive Jerry Yang to be replaced and for a public offer to sell the company to Microsoft. Icahn, who has built up a 5% share in Yahoo!, also said his ... in control. Yahoo! said yesterday that Icahn's proposals would destabilise the company and rejected his call ...
By Joe Gill / Brand Republic 01-Jul-08
Icahn calls off Yahoo! battle and joins board
NEW YORK - Activist investor Carl Icahn is to join the Yahoo! board and withdraw his campaign ... meeting. Jerry Yang, chief executive of Yahoo!, said the deal would help Yahoo!. "This agreement ... of the Yahoo! board at its shareholder meeting on August 1. The two sides have agreed that Icahn will replace ... between the company and Icahn, who owns 5% of its shares. Icahn has now toned down his calls for Yahoo ...
By Staff / Brand Republic 21-Jul-08
Billionaire Icahn considers proxy battle against Yahoo!
NEW YORK - Billionaire financier Carl Icahn is considering using the large stake that he has ... shareholders who own about 3.3m shares combined. He has been critical of Yahoo! CEO Jerry Yang s failure ... Icahn has reportedly bought about 50m shares, or 3.6% of Yahoo! , in the 10 days since Microsoft ... whether Microsoft would agree to reopen negotiations with Yahoo! even if Icahn was successful ...
By Staff / Brand Republic 14-May-08
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