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Corporate & Securities Law

: BusinessAssociationsBlog.com

Does Yahoo?s Severance Plan = A Dead Hand Pill?

By Stephen Bainbridge

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That’s the argument plaintiffs are making, as reported by Karen Donovan: Two Detroit pension plans, which sued Yahoo in March in the Delaware Chancery Court, are now requesting a trial to take place before Yahoo’s August 1 annual meeting, when Yahoo management will face a proxy battle with Icahn, who has put up a slate of directors. The trial would determine the validity of an...

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Full post as published by BusinessAssociationsBlog.com on June 11, 2008 (boomark / email).

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