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This year, Mr. Ackman approached the company with three director nominees, but they were rejected by the board's nominating committee.
Yahoo on Monday announced the terms of its settlement with Third Point, including disclosing the board committees that the hedge fund's three director candidates would join.
Yahoo's filing also elaborated on the settlement between the company and Third Point, the activist hedge fund that first revealed Mr. Thompson's misstated record and has now received three director seats.
Rangers chairman Craig Whyte has resigned from three director posts in other companies so he can focus on the club's future.
At our Annual Meeting of Stockholders on June 14 , 2012 Starboard Value L.P. ("Starboard"), an AOL stockholder, is seeking to elect its own slate of three Director candidates to your Board in order to advance its own interests.
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(Benjamin Renner, one of its three directors, will attend the opening).
Two of the three directors have since left.
A federal judge installed three directors to serve as watchdogs.
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