Shareholders Back Yahoo Board

Posted: 124 days ago

A deal to placate dissident activist Carl Icahn cooled down the annual shareholders' meeting considerably. Icahn will join the board in a few weeks and will also get two of his business pals to join him on the board in an effort to change the way the struggling media company does business. - SAN JOSE, Calif. What might have been a very loud and nasty Yahoo shareholder uprising if activist billionaire shareholder Carl Icahn had been present at the annual conference here at the Fairmont Hotel Aug. 1 actually turned out to be a rather docile gathering of business folks. At least, t...