Dow Jones: Wall Street Bids Up Yahoo In Anticpation Of Proxy Battle
May 7, 2008, by web proxy. Category: Proxy

DOW JONES NEWSWIRESMay 6, 2008 9:33 p.m. By Scott Morrison of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)–Jerry Yang’s fight to remain in control of Yahoo Inc. (YHOO) may be entering a new perilous phase. Wall Street was abuzz with speculation Tuesday that one or several activist shareholders were cobbling together a significant stake of Yahoo shares in preparation for a proxy fight at the struggling Internet giant’s annual meeting on July 3. Top Yahoo shareholders have openly blasted Ya

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