BEIJING, Aug. 6 (Xinhuanet) -- Yahoo's revised tally
shows that support for its board is far weaker than it appeared in the miscount
when some 200 million votes were mistakenly cast, according to media reports
Wednesday.
The miscount came to light after Capital Research
Global Investors, which owns 6.2 percent of Yahoo's stock, suspected something
was amiss and called for an audit of votes cast on its behalf by intermediary
Broadridge Financial Solutions.
The new results strongly reflect Yahoo shareholders
are disenchanted with chief executive Jerry Yang, board chairman Roy Bostock
and other board members who failed to consummate a tie-up with Microsoft that
would have gotten them 33 dollars per share.
Bostock got the least support, with 60 percent of
votes in favor of his re-election in stead of the 80 percent reported in the
miscount and only 34 percent "withheld" votes for Yang.
Two other directors were erroneously given the
support of 100 million votes each. About 38 percent withheld for director Ron
Burkle and 32 percent withheld for Arthur Kern.
A fifth board member, Gary Wilson, the former
chairman of Northwest Airlines, had 28 percent of votes on his reelection
withheld.
In a statement, Broadridge said the error was an
isolated incident and that it did not change the outcome of the election of the
company's directors.
(Agencies)