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Company nears appointing the two men as directors in accordance with its Icahn agreement, as it nears its Friday board expansion deadline, according to sources.
John Chapple will not run for re-election in June, leaving the company less than two years after accompanying investor Carl Icahn.
Yahoo holds its first board meeting with former proxy fight adversaries Carl Icahn and two of his members--without any fireworks or DOJ fight-or-flight decisions.
New directors--Carl Icahn included--will meet Monday and Tuesday with likely topics being opposition to Google and Yahoo's proposed ad deal, The Wall Street Journal says.
Frank Biondi and John Chapple join Yahoo's expanded board of directors, as part of an earlier agreement reached with Carl Icahn.
The Internet company, which is due to add two Carl Icahn-approved nominees to its board of directors on Friday, reportedly is close to that decision.
If Icahn was so adamant about ousting Jerry Yang from the CEO spot and doing a deal with Microsoft, what softened his stance?
Following the nixed weekend bid in tandem with Microsoft, the billionaire investor launches a formal quest to replace Yahoo's board.
Investor Carl Icahn packs his Yahoo proxy slate with notables, including two people who were on Microsoft's slate when it was deciding whether to go hostile against Yahoo.