Yahoo Inc. said Thursday it will add the former chief executives of Viacom and Nextel Partners to its board of directors as part of the company's deal to ward off a proxy fight with billionaire investor Carl Icahn.

Yahoo Inc. said Thursday it will add the former chief executives of Viacom and Nextel Partners to its board of directors as part of the company's deal to ward off a proxy fight with billionaire investor Carl Icahn. The Sunnyvale, Calif.-based company selected...

Yahoo said that it would add the former chief executives of Viacom and Nextel Partners to its board as part of the company?s deal to avoid a proxy fight with the investor Carl C. Icahn.

Yahoo Inc said on Thursday it had appointed former Viacom Inc (VIAb.N) CEO Frank Biondi and former Nextel Partners CEO John Chapple to its board as part of a settlement with investor Carl Icahn.

Yahoo Inc. shelled out $36 million in the first half of 2008 to the outside advisers that helped the company navigate stormy buyout talks with Microsoft Corp. and the ensuing proxy threat from activist investor Carl Icahn.

Yahoo is close to appointing John Chapple and Frank Biondi Jr. as its two additional board members, as it nears its Friday deadline to expand its board as part of a settlement agreement with investor activist Carl Icahn, according to sources.

SAN JOSE -- Having endured takeover attempts by Microsoft and then billionaire investor Carl Icahn, executives and board members at Internet giant Yahoo sought to assure rattled shareholders at the annual meeting here yesterday that the company has a plan for regaining its momentum after a multiy...

SAN FRANCISCO (Reuters) - Yahoo's (YHOO.O) annual investor meeting on Friday will be a magnet for discontent over the company's failure to reach a merger deal with Microsoft (MSFT.O) and complaints about the company's past performance.

Investor Carl Icahn, who ran a heated proxy battle to unseat the Yahoo board and oust its chief executive, said he will not be attending the Internet company's annual meeting Friday.

Billionaire investor Carl Icahn says he will not attend Friday board meeting and that he hopes the peace he made with Yahoo Inc. CEO Jerry Yang and Chairman Roy Bostock will turn into "a beautiful friendship."