Major investor sides with Yahoo board
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Yahoo Inc.'s board of directors landed its first endorsement from a major institutional shareholder Friday, giving it momentum in the fight with investor-agitator Carl Icahn over control of the Internet company. Bill Miller, who as Legg Mason Capital Management's chief investment officer controls 4.4% of the stock in Yahoo, said he would vote to keep the current board in place instead of backing a dissident slate nominated by Icahn.
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