ie8 fix
Click Here
madison

Team Think

David Greenfield
Home / News & Blogs / Team Think

Yahoo and Icahn Reach Agreement

By | July 21, 2008, 5:04am PDT

Summary: The Wall Street Journal is reporting that Yahoo has reached an agreement with Carl Icahn, the activist investor who has been waging a proxy contest to unseat the board and push Yahoo closer to a deal with Microsoft. Yahoo said Mr. Icahn will join the board himself. The board will be expanded to 11 members, eight [...]

The Wall Street Journal is reporting that Yahoo has reached an agreement with Carl Icahn, the activist investor who has been waging a proxy contest to unseat the board and push Yahoo closer to a deal with Microsoft.

Yahoo said Mr. Icahn will join the board himself. The board will be expanded to 11 members, eight current members will stand for re-election and the remaining two seats will be filled from among candidates recommended by Mr. Icahn. Yahoo said the entire board will then discuss any meaningful transaction.

Kick off your day with ZDNet's daily e-mail newsletter. It's the freshest tech news and opinion, served hot. Get it.

More from “Team Think”

Topics

Board, Yahoo! Inc., Agreement, Carl Icahn, Corporate Governance, Business Operations, Corporate Law, Dave Greenfield

David Greenfield is the principal in STAnalytics. a global technology-marketing consultancy where he advises enterprises on emerging technologies. He primarily functions as the product marketing manager at Silver Peak Systems.

Disclosure

Dave Greenfield

Much to the chagrin of his clients (and his wife), David Greenfield remains an independent thinker to a fault. Little wonder he's strongly considering an investment in the Trojan body armor. His firm, Strategic Technology Analytics (STAnalytics) provides independent content, insight and analysis to many companies. Current and past customers of his that may or may not be covered in the TeamThink blog include: Audiocodes, Infoblox, Objet Geometries, On-State Communications, Phone.com, Silver Peak Systems, Skype, and Spigit. He currently holds stock options in Silver Peak Systems.

Biography

Dave Greenfield

David Greenfield is the principal in STAnalytics. a global technology-marketing consultancy where he advises enterprises on emerging technologies. He has spent the past 20 years analyzing virtually every area of networking technology. His work has appeared in leading technology publication such as PC Magazine, Network Computing, IT Architect, and Data Communications in the past 10 years focused on real-time social software. He has consulted to and assisted Fortune 500 enterprises in their technology acquisitions. He was the editor and a blogger Network Computing and today works as the product marketing manager at Silver Peak Systems.

The discussion hasn’t started yet. Why don’t you begin it?

Formatting +
BB Codes - Note: HTML is not supported in forums
  • [b] Bold [/b]
  • [i] Italic [/i]
  • [u] Underline [/u]
  • [s] Strikethrough [/s]
  • [q] "Quote" [/q]
  • [ol][*] 1. Ordered List [/ol]
  • [ul][*] · Unordered List [/ul]
  • [pre] Preformat [/pre]
  • [quote] "Blockquote" [/quote]
ie8 fix
Click Here
ie8 fix

The best of ZDNet, delivered

ZDNet Newsletters

Get the best of ZDNet delivered straight to your inbox

Facebook Activity

Blog Roll

Blog Archive

White Papers, Webcasts, & Resources
ie8 fix
ie8 fix