TITLE

Icahn to Yahoo: Here's My Plan

AUTHOR(S)
Schachter, Ken
PUB. DATE
June 2008
SOURCE
Red Herring;6/6/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the multipoint strategic outline offered by activist investor Carl Icahn in response to a challenge by Yahoo board chairman Roy Bostock in the U.S. Icahn said he would rescind a poison pill severance plan for Yahoo's 14,000 employees, hire a talented and experienced chief executive and arrange a search deal with Google. Yahoo's reply said that canceling the retention plan would have a destabilizing impact on the company.
ACCESSION #
36826850

 

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