Yahoo on Thursday added to its board of directors two executives picked by corporate raider Carl Icahn, fulfilling a condition of a truce it struck with the corporate raider.
Yahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn on Monday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp.
On the eve of a release of its latest earning figures Yahoo has struck a truce with corporate raider Carl Icahn, ending his fight to oust the struggling Internet pioneer’s board.
