Financial Times FT.com

Yahoo under pressure to deliver change

By Chris Nuttall in San Francisco

Published: September 9 2008 22:03 | Last updated: September 9 2008 22:03

Six weeks on from a momentous annual meeting that shook up Yahoo’s underperforming board, investors and analysts are asking what happened to the expected aftershocks of change.

The single most noteworthy event since the August 1 meeting has been Yahoo’s stock hitting a five-year low last week of $17.75. This will put recent investors, such as new board member Carl Icahn, in an even deeper hole.

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