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Wednesday, June 4, 2008

Yahoo sets August 1 date for annual meeting showdown (Reuters)

Yahoo chief executive Jerry Yang (L) and activist investor Carl Icahn in a composite image. Yahoo set plans on Tuesday to hold its annual shareholder meeting on August 1, setting the stage for a showdown with Icahn, who is mounting a proxy fight for control of the company. (Files/Reuters)Reuters - Yahoo Inc on Tuesday set its annual shareholder meeting on for August 1 in the heart of Silicon Valley, as it braced for a showdown with billionaire activist investor Carl Icahn, who is mounting a proxy fight for control of Yahoo.

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