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      "text": "Icahn began without any plan other than a sale to Microsoft and still doesn't have a plan that makes sense for Yahoo! stockholders. Icahn has misrepresented the manner in which we negotiated with Microsoft and Microsoft/Icahn, the cost and purpose of the change in control severance plan, and our Board compensation. Icahn has acted inconsistently and flip-flopped on a \"hybrid\" vs. full company acquisition. Icahn supported a Google agreement in the absence of a Microsoft proposal to acquire the whole company, and even stated publicly that the agreement we signed with Google might have some merit and seems better than the earlier Microsoft \"hybrid\" proposal. Proposed slate is acting under agreement with Icahn under which Icahn pays each nominee a fee of $25,000 and indemnifies them.",
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      "text": "Note: Emphasis added. (1) Reuters, 'Icahn says Icahn-Google ad deal has merit,' June 16, 2008. (2) CNBC 'Fast Money' Interview, June 4, 2008. (3) Open letter to Board of Directors of Yahoo!, June 6, 2008. (4) Open letter to Yahoo! Shareholders, July 7, 2008. (5) Open letter to Yahoo! Shareholders, July 14, 2008.",
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      "text": "Date | Key Events. 6/4 | Icahn says \"Well, you say 'alternatives.' I certainly don't want to see an alternative deal with Microsoft...\" 6/6 | Icahn says \"unless any alternative transaction can insure [sic] a $33 or higher stock price...\" 7/7 | Icahn says that, if elected, his new Board would \"[i]mmediately start negotiation with Microsoft...\" 7/14 | Icahn says \"refusing the Microsoft offer for the Yahoo! search business is also another grave mistake...\"",
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