As it is, some analysts and dissident investors think he could be a lame duck, but Mr. Eisner responded: "Hardly.
Share Price Whether this strategy will pacify dissident investors remains unclear.
At a shareholders' meeting today, dissident investors succeeded in temporarily blocking his offer.
The company named one of the dissident investors, Jerry W. Levin, as chairman and interim chief executive.
Carl Icahn: the 'dissident investor' yesterday alleged that Yahoo's board had 'sabotaged' Microsoft's initial offer of $33 a share.
The Securities and Exchange Commission has proposed a rule that would make it possible for dissident investors to gain one or two board seats.
Still, the planned moves led a dissident investor to abandon a proxy fight with the company.
Shareholders of the Unisys Corporation yesterday rejected a plan by a dissident investor to split the company into three.
A day after Chrysler reached a standstill deal with Kirk Kerkorian, a large dissident investor, its shares fell 1, to 55 3/4.
The move came at the request of Richard Rainwater, the financier, whom Mr. Pickens had brought in to protect the company from the dissident investors.
