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Institutional Shareholder Services, the firm that advises institutions on shareholder votes, is making some recommendations.
On Biogen Idec [BIIB
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], currently in a dispute with corporate shareholder activist Carl Icahn, ISS is recommending against voting for a dissident slate. ISS will also be involved in making a recommendation on Yahoo [
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] where Carl Icahn is also agitating for a reexamination of a deal with Microsoft [MSFT
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].
In the meantime, ISS can also be expected to make a recommendation in a CSX [CSX
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] proxy fight before the railroad's shareholder meeting.
For further details about ISS and these shareholder votes, see the accompanying video.
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