The Yahoo saga ontinues..........

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shareholder mutiny is being led by activist investor Carl Icahn against Yahoo Inc. Chief Executive Jerry Yang to persuade the software maker to revive its last offer of $47.5 billion, or risk being fired Spurred on by outraged shareholders, Icahn notified Yahoo Thursday that he will lead a revolt to oust Yang and the rest of the Internet company's board unless they renew negotiations with Microsoft that fell apart May 3 when the two sides couldn't agree on a price. and now its not sure whether Microsoft is still intersted in the deal.

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This page contains a single entry by Diwakar Vemuri published on May 15, 2008 8:01 PM.

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