Legg Mason Capital Management supports Yahoo Management
Investors Legg Mason Capital Management has announced that they would back the Yahoo’s Management in the upcoming shareholder’s meeting next month.
They own around 4.4% in Yahoo.
Yahoo is facing pressure from another investor Carl Icahn who wants the company to sell its search business operations to Microsoft.
He aims to [...]

Icahn might get more support from yahoo investors if he promises a minimum sale price
Legg Mason portfolio manager Bill Miller has said in a report that billionaire investor Carl Icahn is likely to find more support from Yahoo Investors if he promises not to sell the company below a certain price.
Legg Mason Capital Management is [...]