May 15 (Bloomberg) — Citadel Investment Group LLC, the $11 billion hedge fund run by Kenneth Griffin , reported an increased stake in Yahoo! Inc. in the first quarter.
Yahoo Inc. said Friday it has taken a 30 percent strategic stake in Info Network Management Co., a company based in India with a phone directory service named Call Ezee. (YHOO)
Corporate raider Carl Icahn increased his stake in Yahoo after co-founder Jerry Yang decided to step down as head of the internet firm.
Carl Icahn?s purchase of seven million additional shares is likely to fuel speculation over Yahoo?s search for a new chief executive.
In a move likely to fuel speculation over Yahoo Inc.’s search for a new chief executive, activist investor Carl Icahn has bought up close to 7 million additional shares of the Internet company, according to regulatory filings.
