Yahoo, Icahn Settle Proxy Battle In Wake of Rejected Microsoft Offer PDF E-mail
Jessica Vascellaro and Shara Tibken   
Monday, 21 July 2008
Yahoo Inc. said Monday it reached agreement to settle a proxy battle with activist shareholder Carl Icahn, whereby it will expand its board by two members and appoint Mr. Icahn to the board. The announcement draws to a close the months-long proxy battle, restoring some stability to the Internet giant.


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