Icahn and allies get 3 Yahoo board seats

Yahoo, the Internet portal, has averted a bruising proxy contest with the billionaire investor Carl Icahn, by agreeing to appoint him and two others to its board, which the company will expand from 9 to 11.The agreement, which Yahoo announced Monday, ends an acrimonious battle in which the two sides traded sharp accusations after the collapse of merger talks between Yahoo and Microsoft.
http://nytimes.com/2008/07/22/technology/22yahoo.html
http://iht.com/articles/2008/07/21/business/yahoo.phpCarl Icahn joins Yahoo board
Dissident investor Carl Icahn has forced his way onto the Yahoo board, along with two of his alternative slate of directors, after agreeing to drop his proxy battle to oust the internet company’s existing board.Icahn, who owns a 4.98% stake in Yahoo, had proposed an alternative slate of directors in a bid to reignite a potential deal with Microsoft under a new management structure.
http://www.guardian.co.uk/media/2008/jul/21/yahoo.mediabusinessActivist Carl Icahn wins Yahoo! seats in boardroom battle
Yahoo! today settled its acrimonious battle with billionaire activist investor Carl Icahn, who will join the US internet search giant as a director.With just 11 days to go until a crucial shareholders’ vote on August 1, the internet company also announced that it will expand its board by two seats to 11 members.
http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article4372809.eceYahoo, Icahn reach deal on board members [IDG]
Yahoo Inc. has reached an agreement to end a proxy fight with investor Carl Icahn, who will take a seat on the company’s board after the annual stockholders’ meeting, Yahoo said on Monday.As part of the settlement agreement, Icahn, who owns 4.98% of Yahoo common stock, has agreed to withdraw his nominees and support those of the board at the annual meeting on Aug. 1. Eight members from the current board of directors will be up for re-election, including CEO Jerry Yang.
http://computerworld.com/action/article.do?command=viewArticleBasic&articleId=9110381Yahoo makes agreement with Icahn
Yahoo has reached an agreement with the activist investor Carl Icahn that will stop him trying to replace its board.Mr Icahn was annoyed that Yahoo had resisted Microsoft’s attempts to take it over.He planned to replace the board at next month’s annual meeting and then sell the company to Microsoft.Yahoo’s board will now be expanded from nine members to 11, comprising Mr Icahn and two of his nominees along with eight of the original members.
http://news.bbc.co.uk/2/hi/business/7517511.stmYahoo, Icahn Reach Deal on Board
Yahoo Inc. announced today that it has agreed to give up three seats on its board to billionaire investor Carl Icahn, in a pact intended to head off a high stakes battle for control of the giant Internet company.
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/21/AR2008072100640.html