2008-07-19 18:00:04
Yahoo Inc.'s board of directors landed its first endorsement from a major institutional shareholder Friday, giving it momentum in the fight with investor-agitator Carl Icahn over control of the Internet company. Bill Miller, who as Legg Mason Capital Management's chief investment officer controls 4.4% of the stock in Yahoo, said he would vote to keep the current board in place instead of backing a dissident slate nominated by Icahn. 

---

This particular article has been collected via RSS syndication. We apologize if it's too brief.
If You wish to publish articles on LinuxStreet.net please contact us.