Showing posts with label Blank Check. Show all posts
Showing posts with label Blank Check. Show all posts

Friday, May 25, 2007

Don't Give Yahoo! Another Blank Check



June 12th is fast approaching. That's the date for the Yahoo! Annual Meeting in Santa Clara.

If you're a Yahoo! Shareholder, you've likely already received your company proxy. You're also likely disappointed by Yahoo!'s performance relative to Google over the last 3 years. Google's shareholders have seen their holdings rise 333%. Yahoo!'s shareholders have seen their holdings drop 8%.

If you support a "Plan B" for Yahoo! and simply are not willing to sign a blank check to the current board and management for the coming year, we recommend you use your shareholder rights at the Annual Meeting and vote "AGAINST:"

  • Terry Semel
  • Robert Kotick
  • Roy Bostock
  • Ron Burkle
  • Eric Hippeau
  • Arthur Kern
  • Gary Wilson

If any of these men receives less than a majority vote, he will need to immediately leave the board.

It's time for a change. It's time for a "Plan B" for Yahoo!

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