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Article: Icahn urges Yahoo shareholders to elect new board
- Article from:
- AP Online
- Article date:
- July 7, 2008
CopyrightCopyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
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Microsoft and billionaire activist investor Carl Icahn say the software maker is willing to discuss a transaction with Yahoo if shareholders of the online search company elect a new board.
In a letter sent to Yahoo Inc. shareholders Monday, Icahn says he has little doubt that a new board would immediately start negotiations with Microsoft Corp. to sell the entire company and move ...