Icahn Backs Down From Yahoo Proxy Fight In Return For Three Yahoo Board Seats
Carl Icahn and Yahoo have come to a settlement over control of Yahoo?s board. In return for three board seats, Icahn has agreed to withdraw his alternative slate of nominees and back down from a full-fledged proxy war. Icahn will be given a seat on the board, existing board member Robert Kotick (CEO of Activision) […]