- BlackBerry Storm vs. the iPhone
- 2008 IT industry graveyard
- Top 10 worst uses for Windows
- Economic crisis means double duty for IT pros
- BlackBerry Storm, RIM's first touchscreen device, rolls in
Newsletters | Podcasts | Chats | Opinions | RSS Feeds | This Week In Print | IT Careers | Community | Reports | Downloads | Slideshows | New Data Center
Partner Sites:Application Performance Solutions | App Performance | Networking Solution | SafeGuard Enterprise Solution Center | SOA | Test your Web Filter | Value of WDS
Yahoo will hold its annual shareholder meeting on Aug. 1, according to a filing with the U.S. Securities and Exchange Commission.
The meeting, to be held at The Fairmont hotel in San Jose, was originally scheduled for July 3, but Yahoo said last month it would delay the meeting until the end of July.
The shareholder meeting promises to be contentious, as Yahoo grapples with the fallout over resisting a $44.6 billion acquisition offer from Microsoft.
Investor Carl Icahn, who believes Yahoo should have accepted Microsoft's offer, plans to nominate 10 people as candidates to replace Yahoo's board of directors. If the move is successful, he reportedly plans to oust Yahoo co-founder Jerry Yang, who is CEO as well as a board member.
Icahn, known for his aggressive moves toward companies he invests in, has bought millions of Yahoo shares since Microsoft's takeover offer became public in February.
In the filing, Yahoo said it plans to nominate nine people for the board. Two other stockholders plan to nominate themselves for positions on the board, while a third investor is planning to offer another slate of nine candidates for the board, the filing said.
Yahoo will also consider three other proposals from stockholders: one that would tie executive pay to performance, one that would set standards for operating in countries that censor the Internet and one that would establish a company committee that looks at human rights issues.
Yahoo is recommending shareholders vote against all three proposals.
Partner Content
Explore the Ultrium Edge
The powerful tape technology can address data security with tape encryption as well as long term data protection.
Find out more
Disk and Tape Square Off
Discover what disk and tape really cost -- and which solution provides lower total cost of ownership and optimizes energy use for your organization
Download the White Paper
Don't Fall For The Myths
The Clipper Group explores the truth behind the myths of tape, digging into the misconceptions in the disk vs. tape debate.
Download the White Paper
Will You Add Tape Too?
Over two thirds of disk-only users look to add tape back into storage infrastructure according to recent survey.
Download Survey Information
Comment