Yahoo

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July 21, 2008

Yahoo July 21st, 2008 Here’s the official end of the Yahoo-Icahn proxy war: Yahoo will give the corporate raider 3 seats on its board (one for himself, plus two more), and Carl agrees stop fighting. The basics: Yahoo will keep 8 of its 9 existing directors; Activision/Blizzard CEO Bobby Kotick will leave. The board gets expanded to 11 seats. Carl gets one, and the board picks two more from a pool that includes his proposed slate, plus former AOL CEO Jon Miller. Which means: Carl, Miller a
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