Yahoo! shareholders led by Icahn buy more than 6.78 million shares for 5.45% stake

By Lisa Kerner

Charlotte, N.C., Dec. 4 - A group of Yahoo! Inc. investors led by Carl C. Icahn's High River LP bought 6,788,804 shares of the company's stock for a total stake of 5.45%.

According to a schedule 13D filed with the Securities and Exchange Commission, the shares were acquired between Nov. 24 and Nov. 26 at prices from $9.7988 to $9.9988 each.

Icahn beneficially owns about 75.6 million shares of the Sunnyvale, Calif., internet services company.

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