
Yahoo Adds Icahn to Board; A Lose Lose
News Type: Event — Seeded on Mon Jul 21, 2008 4:10 PM EDT
Article Source: Ars TechnicaThe proxy battle between Yahoo and financier Carl Icahn came to a close this morning, as the two parties announced a settlement that will see Icahn take a seat on the company's board. Icahn promises to continue working for a sale of all or part of the company from within, while statements from Yahoo management suggest a palpable sense of relief that the deal will presumably see the end to Icahn's steady stream of public letters that questioned their competence.
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