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Yahoo Directors Re-elected By Wide Margin

- By - Source : Tom's Guide US

Yahoo’s shareholders have re-elected the Internet company’s entire board despite hard feelings about the directors’ rejection of a takeover offer from Microsoft. Each of the nine directors got at least 78% of the shareholder votes cast, Yahoo announced Friday after its annual meeting.

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Fulgrymm 08/04/2008 1:24 PM
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Correct me if I'm wrong, but does this mean Icahn's plan just blew up in his face? That's epically hilarious.

Pei-chen 08/04/2008 4:47 PM
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Very few people would accept a company taken over by Ica-Qaeda.

jhansonxi 08/04/2008 6:06 PM
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Fulgrymm :
Correct me if I'm wrong, but does this mean Icahn's plan just blew up in his face?

Carl Icahn and potentially two of his associates got seats on the board as part of an earlier deal. Two other large investors came out in support Yang.