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May 15, 2008
Icahn Seeks to Replace Yahoo Directors
As expected, Carl Icahn launched a proxy contest to replace all ten directors on the Yahoo board at its upcoming shareholders' meeting, saying that the current board has "acted irrationally and lost the faith of shareholders." Among the nominees is Harvard Law Professor Lucian Bebchuk. WSJ, Icahn Moves to Oust Yahoo Board.
May 15, 2008 in News Stories | Permalink
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