Yahoo Holder Mithras Capital to Back Icahn Slate
Mithras Capital, an investment firm which holds 1.7 million Yahoo (YHOO) shares, said in a letter to Yahoo Chairman Roy Bostock, CEO Jerry Yang and President Susan Decker on Friday that Mithras plans to vote for Carl Icahn’s slate of directors at the company’s upcoming August 1 annual meeting.
What makes this especially interesting is that Mithras was founded by Mark Nelson, who in 1998 sold a search technology company he founded and took public called Ovid Technologies to Wolters Kluwer for $200 million.