Icahn Ready To Take On Yahoo!?
May 13, 2008, by web proxy. Category: Proxy

Well, someone was bound to be upset enough with Yahoo! Inc. [YHOO] to do something other than file a lawsuit for breach of fiduciary interest in relation to its bungled negotiations with Microsoft Corp. [MSFT]. It might as well be Carl Icahn. CNBC reported Tuesday that Icahn was considering launching a proxy fight for control of the company’s board of directors. The report indicates Icahn began buying Yahoo! stock late last week and may have accumulated as many as 50 million shares. If true

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