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Yahoo-Icahn Truce Ends Feud

Yahoo’s (YHOO) unexpected concurrence to appoint Carl Icahn to its board of director, ends essentially Mr. Icahn’s acrimonious campaign to replace Yahoo’s nine directors at the company’s annual meeting Aug. 1. Under the terms of the agreement ; Yahoo! board will be expanded to 11 members. Icahn will have three seats, including his own and [...]
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