Aol Shareholders Re-elect Board, Defeat Activist

BOSTON (Reuters) - AOL Inc shareholders re-elected the company's eight-member board of directors on Thursday, handing a defeat to activist hedge fund Starboard Value, which had sought to unseat three directors.

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  • AOL shareholders re-elect board, defeat activist
    AOL shares slid 5 percent to $25.72, their steepest slide on the New York Stock Exchange in more than two months. Starboard had aimed to shake up AOL, which is working to transform itself to an ad-driven media destination as it winds down its old business ...
    06/14/2012 - 6:51 am | View Link
  • AOL shareholders re-elect board, defeat activist
    BOSTON (Reuters) - AOL Inc shareholders re-elected the company's eight-member board of directors on Thursday, handing a defeat to activist hedge fund Starboard Value, which had sought to unseat three directors. AOL shares slid 6 percent to $25.49, their ...
    06/14/2012 - 6:28 am | View Link
  • AOL Shareholders, Fending Off Challenge, Re-elect Board
    BOSTON (Reuters) — AOL shareholders re-elected the company’s eight-member board on Thursday, handing a defeat to the activist hedge fund Starboard Value, which had sought to unseat three directors. Starboard had aimed to shake up AOL, which is working ...
    06/13/2012 - 1:00 pm | View Link
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