Update at 8:20 p.m. PDT, with Glass Lewis recommendation on Wilson in the CSX proxy fight
Influential institutional investor advisory service RiskMetrics Group abstained Tuesday from issuing a recommendation on Yahoo director Gary Wilson, in his "other" proxy fight.
Wilson, who is facing a proxy fight against investor activist Carl Icahn in his role as a Yahoo director, is also running as one of five members on a dissident slate against the incumbent 12-member board of railroad company CSX.
CSX is holding its annual shareholders meeting next week on June 25. Yahoo, meanwhile, is scheduled to … Read more