Roundup: Icahn may go proxy on Yahoo, Craigslist countersues eBay, and more
Here’s the latest action:
Icahn considers his own proxy war for Yahoo — Billionaire investor Carl Icahn began buying massive amounts of Yahoo stock last week — up to 50 million shares — and now is thinking about using that influence. He is considering replacing some of Yahoo’s board members (not quite the full replacement Microsoft was considering) with those of his own choosing, according to CNBC. Such a move could potentially force Yahoo to sell to… Continue Reading