Icahn likely to win two seats on Mentor board
NEW YORK |
NEW YORK May 12 (Reuters) - Carl Icahn is likely to win two seats on Mentor Graphics' (MENT.O) board of directors following a vote at the company's annual meeting on Thursday, two top holders said.
Icahn, who holds nearly 15 percent of Mentor Graphics, offered $1.73 billion to buy the company in February and also nominated three individuals to replace directors on the 8-person board. [ID:nL3E7DM1MC]
The company's annual shareholder meeting will be held on Thursday at its Wilsonville, Oregon headquarters. (Reporting by Nadia Damouni; Editing by Derek Caney)
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