Yahoo Board Meeting begins with Icahn AWOL

Yahoo_Image_Reuters.jpg

Today is D-Day for Yahoo’s current board—and Carl Icahn is nowhere to be found. The Associated Press reports that Yahoo shareholders are finally getting their chance today to challenge the company’s management over its handling of a $47.5 billion takeover bid from Microsoft Corp.

The article said that Yahoo Chairman Roy Bostock began by greeting investors at the Internet company’s long-awaited annual meeting Friday. “The atmosphere is expected to become tense as Bostock and Yahoo CEO Jerry Yang begin fielding questions from shareholders.”

Meanwhile, a separate AP report said that “nettlesome investor” Carl Icahn has “piped down and won’t even be at the Internet company’s annual meeting Friday,” despite the fact that he’s going to join the board next week. The plot thickens.

(Image credit: Reuters)

Related Stories
Mediabistro Course

Social Media Metrics

Social Media MetricsStarting September 4, work with a social media manager to monitor, measure and optimize your social media efforts! Danielle Brigida will teach your how to sift through web analytics, Facebook Insights, and Twitter mentions to develop a comprehensive reporting and tracking system for your brand. Register now!