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Yahoo schedules board dinner and meeting

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Coming soon to a Sunnyvale, CA restaurant: the most awkward dinner table conversation since the Last Supper. Yahoo (NASDAQ: YHOO) will be holding its first board of directors dinner and meeting since activist piranha (in a good way) Carl Icahn joined the board of directors. He'll be joined by CEO Jerry Yang, the man Icahn said must go back in June.

According
(subscription required) to The Wall Street Journal, one likely topic of conversation will be the potential for regulatory objections to the company's search-advertising deal with Google (NASDAQ: GOOG).

Icahn will probably be more interested in talking about strategic moves that could boost the stock price, including a possible deal with Time Warner (NYSE: TWX) or, perhaps, the possibility of reviving talks with Microsoft (NASDAQ: MSFT), the proposed deal that first attracted Icahn to Yahoo.
Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 27, 2009: 07:33 PM

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