Gadgetell | Tech News, Reviews, and Interesting Things

« Back to Gadgetell.com
Dabbledoo Media Gadgetell Gamertell Appletell

Subscribe to Gadgetell by Email:

Preview | More info »

Articles about shareholders: November 22, 2008

Yahoo! calls Parlay to Icahn

by Jodie Andrefski on Jul 22, 2008 at 07:26 PM

We like you, we like you not. We like you, we like you not. It seems to have been a veritable rollercoaster ride for the past weeks as offers were tossed back and forth about as easily as not so cleverly veiled insults between Yahoo! and billionaire investor Carl Icahn. But it seems as though it may have finally come to some sort of resolution before the August 1 board meeting, as Yahoo! offered Icahn a minority position on the board (he and two other hand-picked candidates will join) in exchange for his agreement to pull back with his “toss the idiots” ideology, and back the rest of the existing board in the August 1 shareholder’s vote. So, it just may be a “keep your enemies close” move.

This kind of unexpected move did occur after influential mutual fund manager Bill Miller of Legg Mason said Friday that he and the 4.4 percent stake he controls would be backing the Yahoo board in the proxy battle.

MORE »


Sections: Tech News, Web, Websites

Comment on this post
Share Full Story + Print

Masthead
Executive Editors
Editor
Associate Editor
MORE »
black friday 2008
Gadgetell Originals
JG MASON
Who’s On Crack
in tech: 11.21.08
edition
This is where we call out the tech moves that seem odd, out of touch or just plain straight up smokin’ crack.  This week sees posturing, positioning and flat out insanity.  See if your favorite company made the list this week.
Fri, 11/21 at 2:24 PM

JODIE ANDREFSKI
Are you secure?
Here’s a
“Top 5”
list of free
security software
downloads
Five security scanners you should know about for your peace of mind and the security of your system.
Fri, 11/21 at 11:05 AM

Recent Comments
Around the Network