Yahoo Directors Re-elected By Wide Margin
By
AP via Yahoo,
published on August 4, 2008 at 5:50 AM
Source: Tom's Guide US | Keywords: Yahoo, Icahn | Themes: Business
Source: Tom's Guide US | Keywords: Yahoo, Icahn | Themes: Business
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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Correct me if I'm wrong, but does this mean Icahn's plan just blew up in his face? That's epically hilarious.
Very few people would accept a company taken over by Ica-Qaeda.
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.