Icahn Could Be Mulling a Yahoo! (YHOO) Proxy Fight -CNBC
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CNBC's David Faber is reporting that activist investor Carl Icahn could be mulling a proxy fight in order to secure at least 3 seats on the Yahoo!'s (Nasdaq: YHOO) Board of Directors as Icahn can not get confirmation from Microsoft (Nasdaq: MSFT) that it will return to the M&A table with Yahoo!. Yahoo! shareholders have until Thursday to nominate an alternative slate of directors for the Board. [BCS]
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