Yahoo Recounts Shareholder Votes

Yahoo is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor. The revision, expected to be announced later Tuesday, won’t change the outcome of Friday’s election, which retained Yahoo’s incumbent directors despite shareholder anger about the board’s handling of a now-withdrawn $47.5 billion takeover bid from Microsoft.

Read the complete story here.

Create a new thread in the UK News comments forum about this subject
This thread is closed for comments
No comments yet
    Your comment