Yahoooooooo!

Yahoo Battles with Icahn

(SAN FRANCISCO) — Yahoo Inc. on Thursday postponed a looming showdown for control of its board, giving itself more time to prepare a defense — or negotiate a sale to Microsoft Corp. that would cause activist investor Carl Icahn to call off the mutiny.The showdown pitting the slumping Internet pioneer's board against Icahn and other unhappy shareholders was supposed to come to a head at the Sunnyvale-based company's July 3 annual meeting

 

Paul Sakuma / AP

 

http://www.time.com/time/business/article/0,8599,1809016,00.html

 

ingrid gassert