Tag: Carl Icahn
Yahoo! investor urges Microsoft to take its partial investment offer directly to shareholders
Even though Yahoo!’s board opted to side with Google in its eagerness to shrug of Microsoft’s advances, the company may not be out of the woods quite yet. Mark Nelson, a partner in Mithras Capital, which owns 1.7 million Yahoo shares has written to Microsoft urging the company to reconsider its partial deal for Yahoo!’s search engine business.
Yahoo bides for time to prevent shareholder revolt
Yahoo has postponed its annual shareholder meeting from July 3rd to some point later in the month. This is believed to be designed to give Yahoo’s board the chance to prepare itself in the face of mounting rebellion from shareholders…