Skip to: Content
Skip to: Site Navigation
Skip to: Search
TUESDAY, NOVEMBER 24, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: proxy battle

proxy battle stories: 28 news summaries

1 - 20 of 28 Stories | 1 2 Next >>

Switch to grid view »


 Deal Puts
 Icahn on
 Yahoo
 Board 

Activist investor gets seats for 2 allies

Jul 21, 08 7:27 AM CDT
(Newser) - Yahoo will add two seats to its board of directors and put Carl Icahn in one of them, reports the Wall Street Journal, in a deal that ends Icahn’s proxy fight. Eight of Yahoo’s current board members, including CEO Jerry Yang, will keep their seats, while a ninth... More »

MORE ABOUT:
Yahoo • Carl Icahn • Jerry Yang • board of directors • proxy battle

Yahoo Takes Icahn Fight  to Homepage

Link shows decline in businesses he's worked with

Jul 19, 08 12:22 PM CDT
(Newser) - A new button on Yahoo's homepage links users to the company's case against activist investor Carl Icahn, PC World reports. Icahn is seeking to unseat Yahoo's board at its Aug. 1 general meeting. The page links to voting forms and leaves shareholders in no doubt how the company thinks they... More »

MORE ABOUT:
Yahoo • Carl Icahn • shareholders • Jerry Yang • proxy battle • takeover bid

Yang Slams 'Destabilizing' Microsoft Plan

CEO accuses
Icahn-allied giant of pretending to want deal

Jul 9, 08 8:49 AM CDT
(Newser) - Yahoo CEO Jerry Yang launched a fresh offensive in the Yahoo-Microsoft war of words yesterday, reports the Wall Street Journal. Microsoft has said it would be interested in reopening merger talks if Yahoo's current board was replaced—but the Yahoo co-founder accuses the company of tactics to destabilize Yahoo without... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • Jerry Yang • proxy battle • takeover bid

InBev Brews Plan to Oust Anheuser-Busch Directors

Company turns to shareholders in merger

Jul 7, 08 8:15 AM CDT
(Newser) - InBev is turning up the heat in its $46.35-billion attempt to take over St. Louis-based Anheuser-Busch, seeking to replace the company's board with a new slate of directors. The move aims to allow shareholders a direct say on the merger bid that was spurned last month, reports the Wall ... More »

MORE ABOUT:
hostile takeover • acquisition • Anheuser-Busch • proxy battle • InBev

Yahoo's Defensive Stance: Microsoft 'Inconsistent' in Bid

Company gives take on negotiation as clock ticks on Icahn proxy fight

Jun 30, 08 4:34 PM CDT
(Newser) - As it tries to fend off investor Carl Icahn's attempt to replace its board of directors, Yahoo today presented its version of buyout negotiations with Microsoft to shareholders, MarketWatch reports. Yahoo portrayed Microsoft as “unresponsive, inconsistent,” and loose on logistic details of the proposed merger. "The record... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • proxy battle • takeover bid

ANALYSIS

Yang's First Year Leaves Many 'Disillusioned'

Microsoft fiasco most public of Yahoo's woes; '09 could be tougher

Jun 19, 08 12:32 PM CDT
(Newser) - Yahoo’s stock has slipped 16.5%, the company might as well be wearing a sign that says “take me over,” and there’s a line of shareholders waiting to sue for what they say was a mishandled non-deal with suitor Microsoft, Fortune reports—not quite the scenario... More »

MORE ABOUT:
Yahoo • Carl Icahn • Jerry Yang • proxy battle • shareholder revolt

 Icahn: Yahoo
 Poison Pill
 'Reprehensible' 

But pricey severance plan kicks in if Icahn wins proxy fight, Yahoo says

Jun 11, 08 9:52 AM CDT
(Newser) - Billionaire investor Carl Icahn yesterday called Yahoo’s poison-pill severance plan, designed to deter hostile takeovers, “reprehensible,” the Wall Street Journal reports, but Yahoo said the measure would kick in if Icahn wins control of the board. "Now they found a way to entrench themselves forever,"... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • mergers and acquisitions • proxy battle

Yahoo Chair Hits Back at Icahn

Says corporate raider 'grossly' distorted, lacks 'credible plan' other than Microsoft sale

Jun 5, 08 9:38 AM CDT
(Newser) - The chairman of Yahoo's board was quick to fire back at accusations leveled by Carl Icahn yesterday, reports the New York Times. An open letter from Roy Bostock to the corporate raider said Icahn's claim that Yahoo's board had sabotaged a Microhoo deal grossly distorted the board's position, and went... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • takeover • proxy battle

Icahn to Yang: I've Got Your Pink Slip

Says Jerry wrecked Microsoft deal, and he's out if proxy bid wins

Jun 4, 08 6:46 AM CDT
(Newser) - Billionaire investor Carl Icahn wants Jerry Yang out of Yahoo's CEO seat, and has a pink slip waiting if his proxy action to take over the board is successful, reports the Wall Street Journal. Icahn yesterday unleashed a torrent of criticism of Yang’s role in the aborted Microsoft buyout... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • takeover • proxy battle

Feds Approve Icahn's Yahoo Stock Buys

Activist investor plans additional $2.5B outlay to boost proxy bid

May 30, 08 2:52 PM CDT
(Newser) - The Federal Trade Commission gave Carl Icahn approval to purchase additional chunks of Yahoo stock, part of the activist investor's plan to gain control of the company's board and perhaps force a sale, MarketWatch reports. Icahn already owns 59 million Yahoo shares and options and is reportedly seeking 93 million... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • shareholders • billionaire • proxy battle • investor

 Yahoo Postpones 
 Boardroom Showdown 

Company buys more time to prepare for proxy battle

May 23, 08 9:15 AM CDT
(Newser) - Yahoo has pushed back its annual shareholder meeting for a second time, reports Forbes, delaying a showdown for control of its board. One of Yahoo's 10 directors resigned yesterday, leaving nine up for re-election at the meeting. Carl Icahn has nominated an alternate slate of directors, including himself, and will... More »

MORE ABOUT:
Yahoo • Carl Icahn • shareholders • board of directors • proxy battle

Oilman Pickens Throws in With Icahn in Fight to Control Yahoo

'I'll jump in with Carl'
on proxy issue, he says

May 21, 08 7:59 AM CDT
(Newser) - Carl Icahn's proxy bid to replace Yahoo’s board won the backing of legendary oilman T. Boone Pickens yesterday, reports the Wall Street Journal, but without a firm offer from Microsoft to acquire Yahoo the effort could still struggle. "I'll jump in with Carl. He goes in... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • T. Boone Pickens • proxy battle

Updated

Yahoo Says Icahn Doesn't Understand Full Picture

Billionaire investor launches bid to oust board

May 15, 08 9:28 PM CDT
(Newser) - Hours after Carl Icahn began his quest to take over Yahoo’s board, the company issued a statement saying he has a "significant misunderstanding" of the recent Microsoft purchase offer, the Wall Street Journal reports. Icahn wants to unseat the current Yahoo board, replace it with one of his... More »

MORE ABOUT:
Yahoo • Microsoft • Mark Cuban • Carl Icahn • mergers and acquisitions • proxy battle

Icahn to Move Ahead
With Yahoo Proxy Fight

Billionaire has lined up 12 people for a new board

May 14, 08 6:36 PM CDT
(Newser) - Billionaire investor Carl Icahn will move ahead with his plan to unseat Yahoo's current board of directors and force a sale to Microsoft, Reuters reports. Icahn, who has bought about 50 million Yahoo shares since Microsoft withdrew its offer May 3, has lined up 12 members for his dissident board... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • proxy battle

Analysts Doubt Icahn's Proxy Prospects

Investor's attempt to force Yahoo sale could seriously hurt its value

May 14, 08 2:51 PM CDT
(Newser) - Analysts are doubtful financier Carl Icahn could successfully force Yahoo back to the table with Microsoft after taking a stake in the search giant, MarketWatch reports. "A successful proxy battle is a bit like a scorched earth policy,' one analyst says. " You may win the battle but... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • proxy battle


 Icahn Eyeing
 Proxy Battle
 for Yahoo 

Billionaire investor has bought 50 million shares since Microsoft backed off

May 14, 08 8:02 AM CDT
(Newser) - Billionaire Carl Icahn, fresh off his successful battle to reshuffle Motorola’s board, may launch a proxy fight for control of Yahoo after buying some 50 million shares of Yahoo since Microsoft’s failed takeover bid, reports the Wall Street Journal. The deadline for board nominations is Thursday. Icahn may... More »

MORE ABOUT:
private equity • Yahoo • Microsoft • Carl Icahn • proxy battle

Icahn Grabs Yahoo Stake, Could Try to Force Sale

Investor has bought 4% interest since Microsoft dropped bid; decision tomorrow

May 13, 08 5:39 PM CDT
(Newser) - A new player has entered the Microsoft-Yahoo epic, the Wall Street Journal reports: billionaire investor Carl Icahn. He has bought about a 4% stake in Yahoo since Microsoft withdrew its offer to buy on May 3. Icahn will decide by tomorrow whether to launch an attempt to take over Yahoo's... More »

MORE ABOUT:
Yahoo • Microsoft • Carl Icahn • hostile takeover • proxy battle

ANALYSIS

Ballmer May Seek Middle Path on Yahoo

Microsoft could nominate proxy slate, wait on hostile offer

Apr 30, 08 7:13 AM CDT
(Newser) - Steve Ballmer's next move on Yahoo is expected momentarily, and one option is to nominate a proxy slate for the board of directors, the Wall Street Journal reports, but hold off on making a new hostile bid for the company. Microsoft could buy time for setting a new price for... More »

MORE ABOUT:
Yahoo • Internet • Microsoft • hostile takeover • Steve Ballmer • proxy battle

 Yahoo, AOL May Merge; 
 Murdoch-Microsoft In Talks 

Two Internet-shaking deals stem from Microsoft-Yahoo talks

Apr 9, 08 10:34 PM CDT
(Newser) - Two groundbreaking Internet deals are in the works, both related to Microsoft's desire to take over Yahoo, the Wall Street Journal reports. In one, Yahoo is considering combining its online operations with Time Warner's AOL. In the other, Rupert Murdoch's News Corp. is in talks to join Microsoft in its... More »

MORE ABOUT:
Yahoo • Google • Time Warner • AOL • Microsoft • Rupert Murdoch • hostile takeover • merger • Jerry Yang • AdSense • Steve Ballmer • proxy battle • takeover bid • Legg Mason

Yahoo Investor Calls Microsoft Threat a Blunder

Stakeholder Legg Mason will support Yahoo if Microsoft tries to drop price

Apr 9, 08 11:28 AM CDT
(Newser) - Yahoo received a tepid endorsement from its second-largest shareholder yesterday as its takeover battle with suitor Microsoft continued to heat up, the Wall Street Journal reports. Legg Mason, which holds a 7% stake in Yahoo, said it would back an independent Yahoo before it would sell its stake at a... More »

MORE ABOUT:
Yahoo • Microsoft • acquisition • Steve Ballmer • proxy battle • takeover bid • Legg Mason

1 - 20 of 28 Stories | 1 2 Next >>


from our news partners