After a couple months of exchanging barbs with investor activist Carl Icahn, Yahoo's founder and CEO Jerry Yang issues an employee email signaling the battle is over.

Yahoo Inc. said Monday it reached a settlement with activist investor Carl Icahn that will put him and two of his nominees on an expanded board of directors.

Yahoo Inc will appoint activist investor Carl Icahn and two members of his slate of directors to the company's board, settling a proxy battle ahead of its August 1 annual shareholders meeting.

Yahoo said it had reached a settlement with the investor Carl Icahn to avert a battle over control of the company.

SAN FRANCISCO – One of Yahoo Inc.’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 Icahn.

Yahoo Inc.'s board won the support of a major shareholder on Friday, providing a much-needed boost to the Web portal as it tries to fend off an attempted shakeup by investor activist Carl Icahn. Legg Mason Inc.'s Capital Management unit, which controls 4.4...

Billionair Bill Miller, Yahoo's fourth-largest shareholder, has voiced his support for the Internet giant in its battle with dissident investor Carl Icahn, the San Jose Mercury News reported on Saturday.

SAN FRANCISCO, July 18 -- One of Yahoo's largest shareholders is supporting the reelection of the Internet company's incumbent board, a significant blow to a coup attempt being led by activist investor Carl Icahn.

Mason rejects Icahn over Microsoft deal Legg Mason, one of the largest holders of Yahoo stock, will back the company's recommendations for its board of directors instead of those offered by dissident investor Carl Icahn.

Yahoo got a show of support on Friday from one of its biggest shareholders for its efforts to defend itself against a proxy fight by the activist investor Carl C. Icahn.