As Greg noted earlier, Ichan was seeking control of Yahoo’s board. Instead, Yahoo and Ichan came up with a compromise, giving Ichan 3 of the 11 seats on Yahoo’s board.
Eight members of the board will stand for reelection, including Yang. Robert Kotick will not be up for reelection. The board will expand to 11 members, with the two remaining seats chosen by the board. The possible two seats will go to the list provided by Icahn. You can see all the buzz on this news at Techmeme.
-
Related Articles:
- Icahn Settles With Yahoo, Joins Board
... - Now a Yahoo Board Member, Icahn Continues to Pitch MSFT Search Deal
... - Now a Yahoo Board Member, Icahn Continues to Pitch MSFT Search Deal
... - Peter Fleischer joins IAPP board
... - Carl Icahn Makes His Move To Oust Yahoo Board, Which Has “Completely Botched” Microsoft Merger Talks
... - Carl Icahn Makes His Move To Oust Yahoo Board, Which Has “Completely Botched” Microsoft Merger Talks
...
Which is the best Search Engine?
Comments (No comments)
Post a comment