Carl Icahn resigns from Yahoo board

Posted: October 25, 2009 in Tech

Carl Icahn has announced that he is resigning from the board of Yahoo. Icahn said that Yahoo does not need an activist investor as a director at this time.

Icahn joined the company board last year with the aim of forcing the company to sign a deal with Microsoft. He believe that the partnership with Microsoft would benefit Yahoo in the long run.

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