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Jan 5th, 2025, 1:35am
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Topic: Yahoo co-founder files plan2sell 2 million shares (Read 393 times) |
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andee
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Yahoo co-founder files plan2sell 2 million shares
« on: Aug 30th, 2005, 3:37pm » |
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Posted 8/22/2005 9:43 PM
Yahoo co-founder files plan to sell 2 million shares
SAN FRANCISCO (Reuters) — Internet media company Yahoo Inc. Monday said David Filo, the company's co-founder and "chief Yahoo," has set up a plan to sell up to 2 million shares of Yahoo common stock over 12 months.
In a U.S. regulatory filing, the company said Filo intends to sell up to two million shares of Yahoo stock based on a prearranged trading schedule over a 12-month period starting in October of this year.
The shares will be sold on the open market at prevailing market prices, the company said.
Yahoo shares closed at $33.20, down 2.4%, in Nasdaq trading on Monday.
for full featured review on this announcement read here ----- http://www.usatoday.com/tech/news/2005-08-22-filo-sells-yahoo-stock_x.ht m
yipees ... I am in    
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it aint easy to be human, am tryin to remain one
~andee~!
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ReeBop
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 Arlington TX
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Re: Yahoo co-founder files plan2sell 2 million sha
« Reply #1 on: Sep 6th, 2005, 11:04pm » |
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Sounds like he wants to buy a new boat...
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Outside of a dog, a book is a man's best friend. Inside of a dog, it's too dark to read. - Groucho Marx
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