Icahn joins Yahoo board as Kotick leaves, per deal
SAN FRANCISCO, Aug 6 (Reuters) - Yahoo Inc's (YHOO.O) board has named billionaire investor Carl Icahn as a director, while board member Robert Kotick has tendered his resignation as part of a previously announced deal with Icahn, the company said on Wednesday.
In a filing with U.S. securities regulators, the Internet company said Kotick had resigned following the company's Aug. 1 annual shareholder meeting and that Icahn had been named under a settlement deal that averted a proxy battle with a rival slate of board candidates led by Icahn. (Reporting by Eric Auchard; editing by John Wallace)
© Thomson Reuters 2009 All rights reserved
Citadel enters the fray
Kenneth Griffin's powerful hedge fund has waded into the case of Goldman Sachs' purloined computer code, suing three of its former employees for setting up Teza Technologies. Full Article | Full Coverage


