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Yahoo! changes - 8/1/2008 3:36:15 PM   
Vendaval


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"No showdown, just outcry, seen at Yahoo meeting"

Thu Jul 31, 2008 7:05pm EDT

"SAN FRANCISCO (Reuters) - Yahoo's annual investor meeting on Friday will be a magnet for discontent over the company's failure to reach a merger deal with Microsoft and complaints about the company's past performance.

But any real action to reshape Yahoo's course is likely to take place only after the meeting, once activist investor Carl Icahn and two outside nominees join an expanded 11-member board as part of a deal with the company to avoid a proxy battle.

Far from a showdown over control of Yahoo, Friday's annual meeting has the makings of a noisy media circus where the issue of whether Yahoo should remain independent or not competes with older protests over executive pay and human rights policies."

http://www.reuters.com/article/newsOne/idUSN3127947720080731

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