Some shareholders still support Yahoo :) : Legg Mason Backs Yahoo Board

Discussion in 'Yahoo' started by akel, Jul 18, 2008.

  1. #1
    I read a report on the wallstreet journal :

    Legg Mason Inc.'s Capital Management unit - which owns 4.4% of Yahoo Inc.'s outstanding shares - plans to vote in favor of Yahoo's current directors at the annual meeting in August, defying Carl Icahn's efforts to replace the board with his own slate after Yahoo rejected a takeover by Microsoft Corp.

    "We believe the current board acted with care and diligence when evaluating Microsoft's offers," said Bill Miller, chairman and chief investment officer of Legg

    :) I am happy, that there are still some shareholders who support Yahoo's decisions...
     
    akel, Jul 18, 2008 IP
  2. ferriljack

    ferriljack Banned

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    #2
    Yes but for how long?
     
    ferriljack, Jul 18, 2008 IP