Fred Harteis News Articles - Yahoo, the Internet portal, has averted a bruising proxy contest with the billionaire investor, Carl C. Icahn, by agreeing to appoint him and two others to its board, which the company will expand from 9 to 11.
The agreement, which Yahoo announced Monday, ends an acrimonious battle in which the two sides traded sharp accusations in the wake of the collapse of merger talks between Yahoo and Microsoft.
The agreement brings some level of stability to Yahoo. It makes no changes to ... more »
