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Yahoo shares edge up on Icahn announcement

Wed May 14, 2008 5:23pm EDT
 
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NEW YORK (Reuters) - Shares of Yahoo Inc rose 2.2 percent to $27.75 after the bell on Wednesday after sources familiar with the matter said billionaire investor Carl Icahn has elected to move ahead with plans to run a dissident board slate at Yahoo.

Shares closed at $27.14 on Nasdaq.

(Reporting by Caroline Valetkevitch)

 

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