Yahoo says the $4.48 billion sale of its media assets to Verizon should close on June 13 after shareholders today approved the transaction.
The preliminary tally from the special meeting also showed that investors endorsed, in an advisory vote, the golden parachutes for Yahoo’s top executives.
CEO Marissa Mayer’s package was valued at $23.0 million including $3.0 million in cash, nearly $20.0 million in equity, and about $25,000 in benefits, in a March proxy.
The…
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