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Source: www.cnbc.com --- 33 days ago
Posted By: Jim Goldman So after all the high drama, the passion, the verbal assaults, the hand-wringing, the concerns, worry and bitterness, Yahoo's shareholders have spoken. And they are resoundingly supporting the current board of directors. And I mean resoundingly... Read More Topics: Wireless Communications | Information Technology | Internet | Technology Sectors: Software and Computer Services | Software | Telecommunications | Internet | Technology Companies: Yahoo! Inc | Google Inc | Microsoft Corp Permalink ... Source: news.cnet.com --- 23 days ago
With former AOL CEO Jonathan Miller apparently out of the picture , Yahoo is close to settling on two other directors from Carl ICAHN's dissident slate. ICAHN, who had been seeking to grab control of Yahoo's board , agreed ahead of a shareholder meeting to a deal that gave him just three seats on the board . ... ... Source: dealbook.blogs.nytimes.com --- 31 days ago
You win some, you lose some. Just a few days after Carl ICAHN doubled his money — on paper, at least — through his holdings in ImClone Systems, the billionaire financier was stung by a bankruptcy filing at WCI Communities. WCI, a residential homebuilder based in Florida, filed for Chapter 11 protection in Delaware on Monday morning; [...] ... Source: www.washingtonpost.com --- 31 days ago
NEW YORK (Reuters) - Home builder WCI Communities Inc (WCI.N) filed for Chapter 11 bankruptcy protection after failing to obtain financing to stay afloat, chairman Carl ICAHN said on Monday. ... Source: www.forbes.com --- 31 days ago
Comments Monday from the famed billionaire raider will almost certainly escalate tensions in the takeover battle. ... Source: blogs.wsj.com --- 34 days ago
In the movie “The Money Pit,” Tom Hanks and Shelley Long nearly saw their fictional marriage blow up as they renovated a dilapidated old mansion. The culprit? As soon as they made one big repair, something else would fall apart. Carl ICAHN must know how that feels. With his wide portfolio of high-profile investments in fixer-upper [...] ... Source: online.wsj.com --- 28 days ago
Yahoo appointed ICAHN to its board of directors, as agreed to under a settlement that ended the billionaire's proxy battle to oust the Internet company's entire board and replace it with a rival slate of candidates. ... Source: online.wsj.com --- 23 days ago
ICAHN boosted his stake in Biogen to 6%, taking advantage of a recent plunge in the biotechnology company's shares. The purchases suggest that the activist investor isn't ready to drop his efforts to prompt a sale. ... Source: blogs.wsj.com --- 23 days ago
Biogen’s stock got hammered earlier this month when old safety worries resurfaced for the company’s multiple sclerosis drug Tysabri. For Carl ICAHN, it was a buying opportunity. ICAHN started increasing his stake in the company immediately after Biogen disclosed that two two patients had contracted a rare brain infection linked to Tysabri; since August 1, [...] ... Source: community.marketwatch.com --- 34 days ago
A media event with Carl ICAHN present would have seriously livened up Yahoo's annual meeting, which, given all the fireworks around this company this year, turned out to be a bit of a dud. ... Source: ftalphaville.ft.com --- 22 days ago
Kickstarting the debate: "Why Carl ICAHN is bad for investors" Cue fisk: In my opinion, the article was so wrongheaded that I am surprised that it was afforded an appearance in a premier business newspaper. - C.C. ICAHN. Well Carl, this premier business newspaper... "the friend of the Honest Financier and the Respectable Broker"... ...
Source: www.prnewswire.com --- 24 days ago
... Source: www.prnewswire.com --- 30 days ago
... Source: law.usc.edu --- 26 days ago
Struggling Internet company to expand its board to 11 members; two additional directors not yet named. ... Source: law.usc.edu --- 32 days ago
Cnet News.com: Soon-to-be-named Yahoo board member Carl ICAHN on Thursday excoriated the news media and The Wall Street Journal in particular in a series of blog posts, while declaring that he would not attend the Web media giants annual shareholder meeting in order to avoid a media circus. "The proxy fight is over and it will not do shareholders or Yahoo any good to have the annual meeting turn into a media event for no purpose," ICAHN said in one of the postings. He also referred to Yahoo CEO Jerry Yang and Chairman Roy Bostock as "gentleman" (after publicly calling for both of their heads during the short-lived proxy fight), and said he hoped that working together would be "the beginning of a beautiful friendship." Per the settlement reached two weeks ago, ICAHN will join Yahoos board, taking the place of the outgoing Robert Kotick. Then, he and the rest of the Yahoo board will select two new members from Icahns proxy slate, expanding the total number of board seats to 11 members. As for the Journal, ICAHN ripped into the papers handling of the Microhoo mess. "Are they intimidated by legions of public relations executives who spend shareholder money to defend bad managers and bad management decisions?" ICAHN asked. "Are they worried their access to management will dry up if they give too much ink to corporate critics? Are they beholden to the corporate interests of their parent companies, the media conglomerates? Or is it just e ...
Source: www.techweb.com --- 34 days ago
Investor Carl ICAHN, who ran a heated proxy battle to unseat the Yahoo board and oust its chief executive, said he will not be attending the Internet company's annual meeting Friday. ... Source: www.moreover.com --- 31 days ago
TheStreet.com Aug 4 2008 7:34PM GMT ... Find more results for ICAHN on RSSMicro.com |
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This is no fun at all. After months of stirring up trouble and headlines (and blog posts) proxy battler Carl ICAHN will not be attending the Yahoo 's long anticipated annual shareholders meeting today. Per ICAHN's blog : I will not be attending. The proxy fight is over and it will not do shareholders or Yahoo any good to have the annual meeting turn into a media event for no purpose. Ha! As if media events need a purpose, this is an election year after all. Ichan goes on to say that the reason he's been on the DL these past two weeks is because he saw the writing on the wall and decided there was "no point in spending the final two weeks in a debilitating fight." Anyway, the end result is that Yahoo head Jerry Yang will be flying solo today when he faces shareholders, though with ICAHN's absence and a zero deal with Microsoft the mood feels a tiny bit more conciliatory than it did a few months ago, and certainly (sadly for us, we admit) will result in less fireworks. That's not to say Yahoo doesn't face a uphill battle, stock prices plunged after Yang turned down the Microsoft deal back in May, and have yet to recover. New Career Opportunities Daily: The best jobs in media ...
Steve Farrington submits: After the Yahoo! (YHOO) debacle that had us watching his every move this summer, August has not gotten off to the best start for the billionaire, either. Blockbuster, Inc. (BBI) posted a larger than expected 2nd quarter loss lead by low DVD rental margins. The stock reacted by dropping $0.31 to $2.88 (-9.72%) in Thursday’s trading session. The $44.7 million dollar loss fell below estimates by a penny. Complete Story » ...