Yahoo's largest shareholder Capital Research fund management company recently requested Broadridge company re-check the votes given by Yahoo CEO Jerry Yang in the general meeting of shareholders last Friday.
Yahoo annual shareholders meeting, including Jerry Yang, Yahoo's original nine board members all re-elected. Jerry Yang's support rate was as high as 85 percent, ranking fifth.
Capital Research fund management companies expressed doubts about the voting results, as at March 31, Capital Research holders Yahoo 220 million shares, representing a 16.3 percent stake in Yahoo, Yahoo's largest shareholder. As for Yahoo and radical investment Kaeryikan (Carl Icahn) is not satisfied with reaching a settlement, Capital Research last week said they would vote against it. If the company voted against, Yang was unable to meet the support of 85 percent.
Analysts believe that Microsoft announced the acquisition from Yahoo, Jerry Yang has been condemned by the shareholders, and the rumors he will not leave when the rise, the higher number of votes in his re-election, caused a lot of shareholder discontent.
Capital Research portfolio manager Gedeng Ke Crawford (Gordon Crawford) that there should be more of the shareholders to vote against Yahoo CEO Jerry Yang.
The U.S.Yahoo responded Monday, announced that the voting results in the general meeting of shareholders are accurate, has not been influenced by agencies or agents.
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