Time Warner Nixes Jonathan Miller’s Appointment To Yahoo Board. Pokes Potential AOL Buyer In the Eye.
August 01, 2008 at 14:17 PM EDT
The Yahoo shareholder meeting is going on right now, but already not everything is going according to plan. Yahoo was able to avoid a showdown today with activist investor Carl Icahn by agreeing to open up three board seats. Icahn is taking one, and the board will vote for the other two members. [...]