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Legg Mason

Earnings
Blow To Icahn: Legg Mason To Support Incumbent Yahoo Slate

Jul 18, 2008 8:21 AM

Icahn’s proposed Yahoo (NSDQ: YHOO) board slate may be toast. Legg Mason, a holder of 60.7 million shares (4.4 percent), has decided to support the incumbent Yahoo slate. In a statement, Legg Mason Capital Management Chairman Bill Miller endorsed the actions of the current board during its back and forth…

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Posted In: Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, bill miller, carl icahn, legg mason

Legg’s Miller: Microsoft’s Purchase Of Yahoo A ‘Strategic Imperative’; Undecided On Icahn

May 22, 2008 12:01 PM

Legg Mason star manager and 5.4 percent Yahoo shareholder Bill Miller isn’t interested in some JV or ad deal between Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO). Miller told Reuters that he wanted to see Microsoft buy Yahoo outright and that it was a “strategic imperative for Microsoft to change…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Microsoft, Yahoo, bill miller, legg mason

Online & TV Ad Firm Spot Runner Gets $51M Round From Daily Mail,Televisa, Others; More M&A Coming

May 6, 2008 11:01 PM

Spot Runner, which helps marketers buy TV ad spots on local cable and broadcast using its online service, has raised a big $51 million fourth round from an international group of investors with an eye on expansion beyond the U.S. New investors include UK media group *Daily Mail* and *General…

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Posted In: Advertising, Media & Publishing, TV, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, dmgt, legg mason, spot runner, televisa

Yahoo’s Largest Shareholder Doubles Stake Since Last Year

Apr 10, 2008 11:48 AM

In the midst of all the back and forth, Yahoo’s (NSDQ: YHOO) largest shareholder Capital World Investors has doubled its holdings in the company, according to an SEC filing today. As of March 31st this year, it had 10.1 percent stake, and owns 135,542,600 shares. That up 95 percent from…

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Posted In: Companies, Microsoft, Yahoo, capital world investors, legg mason

Legg Mason Ready To Support Independent Yahoo If Microsoft Lowers Bid

Apr 9, 2008 12:29 AM

The second-largest Yahoo (NSDQ: YHOO) shareholder Legg Mason (LM) is offering a ray of hope for the company, sort of: LM portfolio manager Bill Miller told WSJ his firm is prepared to support an independent Yahoo, should Microsoft (NSDQ: MSFT) lower its offer, as it threatened to do this weekend.…

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Posted In: Companies, Microsoft, Yahoo, legg mason

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