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Report: Yahoo shareholder seeks compromise

Discussion in 'News' started by Echo419, July 21, 2008.

  1. Echo419

    Echo419 FS Owner

    A dissident shareholder is pushing Yahoo to accept a mixed board of directors drawn from company nominees and those presented by billionaire investor Carl Icahn, according to a report by Reuters.

    Eric Jackson, manager of hedge fund Ironfire Capital and leader of shareholder group Yahoo Plan B, said Sunday he would encourage his shareholder group Yahoo Plan B to elect five Yahoo directors and four Icahn nominees, Reuters reported. His group is made up of 150 Yahoo stockholders representing 3.2 million Yahoo shares.

    [​IMG] View Full Article: CNET News
  2. WorldWarIII

    WorldWarIII Guest

    I don't see why they're bitching. They were offered nearly $10.00 more than the market price by Microsoft.

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