Inside the Biogen Idec Shareholder Meeting, Tensions Flare as Icahn Accuses Company of "Hijacking" Vote
Summary
Inside the Biogen Idec Shareholder Meeting, Tensions Flare as Icahn Accuses Company of “Hijacking” Vote Xconomy Boston — [Updated with Bloomberg comment at 12:55 pm Eastern] Tensions at the Biogen Idec annual shareholders meeting are palpable.Mullen rose to give a talk, and Icahn representative Richard Jones interrupted, calling for the polls to be closed.Following the presentations, there was another round of questions, and Ross took the podium again to “exercise his authority to call a recess.” Before the shareholders had begun to file out, Jones immediately stood up objected.The meeting will reconvene at 2 pm Eastern time, according to a Biogen spokeswoman, a detail that Ross failed to mention when he called the recess.Meanwhile, in the back of a parking lot shortly after the recess, Mullen conferred with his staff on how best to shuttle the Biogen board members to lunch.