SAN FRANCISCO - A major Yahoo Inc . shareholder has asked for a review of how its votes were cast in last week's re-election of the Internet company's board, raising questions about whether the opposition to the directors may have been understated.
, demanded the review Monday, Capital spokesman Chuck Freadhoff said. Capital World Investors, a related fund that owns nearly 10 percent of Yahoo's stock, didn't make the same request. The unusual inquiry was first reported on the technology blog, "All Things Digital." Capital Research wants independent vote counter Broadridge Financial Solutions to make sure the fund's votes on the Yahoo directors were accurately transmitted, Freadhoff said. He declined to discuss how Capital Research intended to vote or what prompted the request for a review.
Full Story: Big Yahoo shareholder demands review of board vote (AP)
, demanded the review Monday, Capital spokesman Chuck Freadhoff said. Capital World Investors, a related fund that owns nearly 10 percent of Yahoo's stock, didn't make the same request. The unusual inquiry was first reported on the technology blog, "All Things Digital." Capital Research wants independent vote counter Broadridge Financial Solutions to make sure the fund's votes on the Yahoo directors were accurately transmitted, Freadhoff said. He declined to discuss how Capital Research intended to vote or what prompted the request for a review.
Full Story: Big Yahoo shareholder demands review of board vote (AP)
