With Friday's announcement, Legg Mason Capital Management Inc. became the biggest major Yahoo shareholder to publicly declare it will vote for the nine current directors _ a group that has been under fire since Microsoft withdrew a $47.5...

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SAN FRANCISCO » One of Yahoo!'s largest shareholders is supporting the re-election of the Internet company's incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl...
We have met with representatives of the current Board and management, including founder Jerry Yang, several times. We believe the current Board acted with care and diligence when evaluating Microsoft’s offers. We believe the Board is...
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Vote for this post : 0 or Buzz it at Yahoo : As Yahoo continues to urge its shareholders to support them in the coming annual meeting and to prevent Icahn from influencing their decision, here comes Legg Mason...
If corporate raider Carl Icahn ever had any hope of convincing major Yahoo shareholders like Legg Mason's Bill Miller to back his alternative slate against the Yahoo board in a proxy fight, he needed a plan B in case a sale to Microsoft didn't work...