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• July 21, 2008: Yahoo has given investor Carl Icahn three seats on the board of directors. Icahn has been insistent that the company accept a merger with Microsoft. However, Yahoo CEO Jerry Yang has repeatedly turned Microsoft down. The three seats will be filled by Icahn and two out of a possible pool of nine candidates backed by Icahn.Bloomberg.com: Yahoo Gives Icahn 3 Director Slots, Dividing Board (July 21, 2008)

• Fast Facts

  1. Expands the board to 11 total seatsBloomberg.com: Yahoo Gives Icahn 3 Director Slots, Dividing Board (July 21, 2008)
  2. Current director Robert Kotick will leave the board of YahooBloomberg.com: Yahoo Gives Icahn 3 Director Slots, Dividing Board (July 21, 2008)
  3. Icahn owns about 5 percent of Yahoo's total outstanding sharesBloomberg.com: Yahoo Gives Icahn 3 Director Slots, Dividing Board (July 21, 2008)
  4. Icahn has pressed for Yang's removal as CEOBloomberg.com: Yahoo Gives Icahn 3 Director Slots, Dividing Board (July 21, 2008)

• Carl Icahn

  1. Born: February 16, 1936
  2. Alma mater: Princeton University
  3. 1968: Established Icahn & Co.
  4. 2006: Chairman of the Board at ImClone Systems

• Related Mahalo Pages

  Carl Icahn | Yahoo

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