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)
Carl Icahn
- Born: February 16, 1936
- Alma mater: Princeton University
- 1968: Established Icahn & Co.
- 2006: Chairman of the Board at ImClone Systems
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