Yahoo said Friday it is delaying a July 3 shareholders meeting in a move aimed at staving off a showdown with corporate raider Carl Icahn, who is out to overthrow the struggling Internet search pioneer's board of directors. Icahn has
Yahoo and Carl Icahn dueled Thursday as the corporate raider vowed to overthrow the firm's board and the Internet pioneer fired back that the billionaire misunderstood Microsoft's failed takeover bid. Icahn said in an open letter that