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Monday, October 25, 2004
Yahoo Chief Terry Semel Sells Two And A Half Million Yahoo Shares
Among high-level insider trades, the largest deal came from Yahoo (YHOO: news, chart, profile) Chairman and CEO Terry Semel, who sold 2.45 million shares acquired through the exercise of options on Oct. 21 at a market value of nearly $86.4 million. This is the largest-ever sale of shares by Semel - and the largest at Yahoo by an individual - and his first sale since July. Semel has sold more than 7.5 million shares this year at a market value of nearly $290 million.Source - CBS MarketWatch
- posted by Nathan Weinberg @ 10/25/2004 06:48:00 PM
