Tag Archives: conocophillips
Hedge fund pushes Yahoo to sell search unit
San Francisco Chronicle – A major investor called on Yahoo Inc. to sell its search business to Microsoft Corp. on Wednesday, adding to the pressure on the Sunnyvale Web portal to restart talks with its rival. Meanwhile, Yahoo agreed to […]
Icahn Ups His Stake in Yahoo, Stocks Rally
New York (HedgeCo.Net) – Activist investor Carl Icahn purchased another 6.8 million shares of Yahoo stock last week at a price tag of about $67 million, further boosting his already vast stake in the company to almost 5.5 percent. According […]
Yahoo Stock Shoots Up After Carl Icahn Raises His Stake
eBrandz – In a move expected to fuel speculation over Yahoo Inc.’s search for a new chief executive — Corporate raider and billionaire investor Carl Icahn augmented his stake in Yahoo, has bought up close to 7 million additional shares […]
Yahoo Vote Missed Major Investor
Tampa Tribune – Yahoo is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor. The revision won’t change the outcome of Friday’s election, which retained […]
Yahoo now faces more pressure, hedge funds say
Reuters- Officially, a potential $47.5 billion deal for Microsoft Corp to buy Yahoo Inc is over, at least for now. But longer term, hedge fund managers and analysts said the Yahoo board now faces more pressure than ever to deliver […]