Is Yahoo ’s Microsoft premium evaporating? Shares of Yahoo were down about 2.4 percent Monday after the Web portal announced a settlement with Carl Icahn that would end a bruising proxy fight.

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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.

Chalk up a major win for Yahoo in its battle with Carl Icahn, the activist shareholder. Bill Miller, whose Legg Mason mutual funds are one of Yahoo’s largest shareholders, said Friday that he would vote those shares in favor of electing Yahoo’s current board of directors — and not for the rival slate nominated by Mr. Icahn, who wants to sell Yahoo (or part of it) to Microsoft . With about 4.4 ...

In a rare slip for Google Inc , Yahoo Inc and Microsoft Corp gained share as Google lost ground in the Web search market in June, industry data released on Friday shows.

Yahoo Inc on Thursday warned its shareholders that billionaire Carl Icahn's agenda presents a "significant risk" to their investment, and reiterated that it would only sell itself to Microsoft under the right terms.

Yahoo on Thursday sent a letter to shareholders, calling Microsoft's actions in its dance to acquire all or part of the company "stupefying."

In a new letter to shareholders, Yahoo CEO Jerry Yang and Chairman Roy Bostock claim that the latest proposal from Microsoft and investor Carl Icahn "will destroy stockholder value at Yahoo."

Yahoo Inc. sent a letter to shareholders Thursday in which it called Microsoft Corp.'s actions in its dance to acquire all or part of the Internet company "stupefying."