Billionaire activist investor Carl Icahn published a letter he submitted to Yahoo chairman Roy Bostock, officially confirming his intent to challenge Yahoo's board.
Consider it confirmed: Carl Icahn wants to stick ten new men on Yahoo's board of directors. Icahn's even gone so far as to provide their names and biographies, and the men constitute a rather interesting collection.
Billionaire investor Carl Icahn made his intentions known after acquiring some 50 million shares of Yahoo stock: he's going to wage the proxy fight that Microsoft chose not to conduct.
Yahoo CEO Jerry Yang's successful rebuff of Microsoft's takeover bid may be a short-lived victory, as legendary investor Carl Icahn may be itching for a proxy fight.
The sale of Yahoo to Microsoft isn't going away without a proxy fight. Billionaire Carl Icahn, the guy they made Wall Street movies about in the Eighties and had to invent the phrase "corporate raider" for, is said to have gathered up 50 million shares in Yahoo.
The bitter taste of disappointing profits in Motorola's handset operations will be spun off as the electronics manufacturer tries saving itself by splitting into two companies.
A 25 percent premium for BEA in an all-cash offer from Oracle elicited a mild chuckle from BEA's VP of business planning and development, William Klein.
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