Carl Icahn Resigns from Yahoo’s Board of Directors

Published by Tech Pundit | Filed under Social media | October 23rd, 2009

Carl Icahn, the famed hard-nosed billionaire and corporate raider who attempted to seize control of Yahoo after the company rejected Microsoft’s $50+ billion acquisition offer , has resigned his position as a member of the Yahoo Board of Directors, according to several reports. In May 2008, he shook the company started by Jerry Yang (who was CEO at the time) by nominating a “dissident slate” of directors, which would have essentially given him control of the company.

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Carl Icahn Resigns from Yahoo’s Board of Directors