Report: Yahoo shareholder seeks compromise

FSOwner

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.

view.gif
View Full Article: CNET News
 
I don't see why they're bitching. They were offered nearly $10.00 more than the market price by Microsoft.
 
Back
Top