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NEW YORK Corporate raider Carl Icahn has nominated an alternative slate of directors for Yahoo!’s board that includes big industry names such as Frank Biondi, Robert Shaye and Mark Cuban. Icahn himself is leading the dissident board nominees.
Icahn, in a letter to Yahoo! chairman Roy Bostock dated Thursday, confirmed having bought a large stake in Yahoo! and made official his intention to wage his latest proxy fight in the broader media and entertainment industry after a similar action against Time Warner a few years ago.
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