Big Yahoo shareholder demands review of board vote |
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| Business and Law | ||||
| By AP via Yahoo | ||||
| Tuesday, August 05, 2008 08:55 | ||||
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A major Yahoo shareholder has asked for a review of how its votes were cast in last week's re-election of the Internet company's board, raising questions about whether the opposition to the directors may have been understated. Capital Research Global Investors, which owns a 6.2% stake in Yahoo, demanded the review Monday, Capital spokesman Chuck Freadhoff said. Capital World Investors, a related fund that owns nearly 10% of Yahoo's stock, didn't make the same request. Read the complete story here.
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