Icahn launches Yahoo proxy fight, may boost stake by $2.5 billio...

Courtesy CNET Tech blog  Thu, 05/15/2008 - 8:15am

Billionaire shareholder activist Carl Icahn on Thursday formally announced that he is launching a proxy fight and has formed a 10-member slate in an effort to unseat Yahoo's current board at the company's annual shareholders meeting on July 3.

Icahn, who stated he has acquired roughly 59 million ...



 

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