Microsoft backs Icahn's bid to oust Yahoo board

July 7, 2008 By MICHAEL LIEDTKE , AP Business Writer
Microsoft backs Icahn's bid to oust Yahoo board (AP)

Exterior view of Yahoo headquarters in Sunnyvale, Calif., Wednesday, July 2, 2008. Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal. (AP Photo/Paul Sakuma)

(AP) -- Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.


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