Icahn Mulling Yahoo Proxy Fight
Read the full article: http://www.money-rx.com/blog/2008/05/carl-icahn-mulling-yaho...
Carl Icahn, it seems, bought a cool 50 million Yahoo! shares in the past week alone, worth about $1.3 billion which gives him a 3.5% stake in Yahoo! Inc., and is now said to be considering a proxy fight with the Yahoo Board. He has also sent out feelers to Microsoft, trying to get them to reopen negotiations.
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