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Icahn Backs Down From Yahoo Proxy Fight In Return For Three Yahoo Board Seats

July 21st, 2008 at 7:30 am

Source:TechCrunch
Carl Icahn and Yahoo have come to a settlement over control of Yahoo’s board. In return for three board seats, Icahn has agreed to withdraw his alternative slate of nominees and back down from a full-fledged proxy war. Icahn will be given a seat on the board, existing board member Robert Kotick (CEO of […]

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