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San Francisco Chronicle - Thu Jul 17, 3:56 pm EDT
One of Yahoo Inc.'s largest shareholders is supporting the re-election of the Internet company's incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl Icahn. With Friday's announcement, Legg Mason Capital...
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CNET - Fri Jul 18, 9:36 am EDT
The investment house, which owns 4.4 percent of Yahoo stock, says it will back existing management.
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KIRO 7 Seattle-Tacoma - Fri Jul 18, 2:26 pm EDT
SUNNYVALE, Calif. -- Yahoo managment sent a letter to shareholders today, calling Microsoft's efforts to acquire all or part of the company "stupefying."
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Search Engine Land - Fri Jul 18, 6:37 pm EDT
It's search popularity statistics time again, and I'm starting off with the latest figures from comScore. Finally, a change -- Google slips while Yahoo and Microsoft gain. Trouble for the Big G? Not really -- because in terms of raw number of searches, June 2008 was another record breaker for Google. Click to continue reading...
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CNET - Thu Jul 17, 2:21 pm EDT
Forget mild-mannered Clark Kent. Yahoo busted open its inner Man of Steel and lays it on the line to Carl Icahn and Steve Ballmer. Now we're talking.
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paidContent.org via Yahoo! Finance - Fri Jul 18, 9:21 am EDT
Icahn's proposed Yahoo board slate may be toast. Legg Mason, a holder of 60.7 million shares , has decided to support the incumbent Yahoo slate. In a statement, Legg Mason Capital Management Chairman Bill Miller endorsed the actions of the current board during its back and forth with Microsoft , saying they acted with "care and diligence."
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PC World via Yahoo! News - Thu Jul 17, 10:10 am EDT
Yahoo executives sent a letter to shareholders slamming Microsoft and investor Carl Icahn on Thursday.
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CBS News - Mon Jul 14, 2:33 pm EDT
Following the latest skirmish, Yahoo (NSDQ: YHOO) CEO Jerry Yang has sent out his latest talking points to Yahoo management. The gist: Yahoo faces rough waters from now until the August 1 showdown, but the company can't be distracted. It's time to keep your head down and focus on business, while the board worries about Icahn and Microsoft.
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The Gainesville Sun - Fri Jul 18, 6:18 am EDT
At a Congressional hearing, Google and Yahoo lawyers argued that their advertising partnership did not violate antitrust laws and would help to keep Yahoo competitive.
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CNET - Thu Jul 17, 9:51 am EDT
In a letter to shareholders, Yahoo's top dogs say Carl Icahn is just looking for a quick recovery on his investment and doesn't care about the company's long-term health.
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East Bay Business Times - Fri Jul 18, 5:50 pm EDT
Yahoo Inc. put a bright purple button on its web page -- a link to its arguments against activist investor Carl Icahn's attempts to sweep aside Yahoo's board of directors. (YHOO) (MSFT)
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San Francisco Chronicle - Fri Jul 18, 3:42 am EDT
Yahoo Inc. made one of its most pointed attacks yet against billionaire investor Carl Icahn, who is trying to wrest control of the Web portal, calling him a corporate agitator who can't make up his mind about what to do with the company. In a letter to...
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Bloomberg.com - Thu Jul 17, 10:26 am EDT
July 17 (Bloomberg) -- Time Warner Inc. may struggle to clinch an agreement to sell AOL to Microsoft Corp. by Aug. 1, when the world's biggest software company's fight to acquire Yahoo! Inc. comes to a head.
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The Florence Times-Daily - Tue Jul 15, 4:44 am EDT
Yahoo and the fate of its chief executive were Topic A at the annual billionaires’ summer camp as rival moguls gossiped about whether Yahoo would end up in the hands of Microsoft.
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New York Times - Thu Jul 17, 9:57 am EDT
Yahoo is pulling out the stops — and leaning heavily on the bold and underline buttons — in its effort to portray Carl Icahn and Microsoft as an inept tag team intent on short-changing them by selling the company (or its crown jewels) for less than a fair price.