Yahoo, Icahn Call a Truce
SAN FRANCISCO Yahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn yesterday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp. The compromise spares Yahoo from more bickering with Mr. Icahn, an acerbic billionaire who had spent the past two months spearheading a rebellion to replace the Internet company's entire board in retaliation for its rejection of Microsoft's $47.5 billion takeover bid......
7/22/2008 5:00:00 AM
New York Sun - Business Section - Articles
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