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Icahn slams Yahoo board on severance plan

Tue Jun 10, 2008 10:21pm EDT

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NEW YORK, June 10 (Reuters) - Billionaire investor Carl Icahn on Tuesday threatened to hold Yahoo Inc's (YHOO.O) board "personally liable" for approving an employee severance plan that he thinks was a main reason Microsoft Corp (MSFT.O) walked away from striking a deal to buy the online media company.

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"If they continue with this line, I believe they may be personally liable," said Icahn in an interview following a speech to the New York Financial Writers' Association.

Icahn is pressing for Yahoo to reopen talks to sell itself to Microsoft, but Yahoo has resisted Icahn's efforts. (Reporting by Dane Hamilton. Writing by Dane Hamilton and Robert MacMillan)

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