AOL fended off activist shareholder Starboard Value today, as all of the company's existing directors were re-elected to the board. All eight of them -- Tim Armstrong, Richard Dalzell, Karen Dykstra, Alberto Ibarg?en, Susan Lyne, Patricia Mitchell, Fredric Reynolds and James Stengel -- are staying according to a preliminary vote count, while the three candidates Starboard suggested were not elected. It's a short-term victory for Armstrong, although he still faces the very formidable task of making AOL a sustainable business that can withstand the decline of subscription dial-up revenue. Shares fell 5.7 percent today to $25.55, giving the company a market capitalization of $2.4 billion. We caught up with Armstrong after the call. "We have one of the most public company strategies in the world," he said. "Investors knew what they were investing in. They saw us buying back a lot of shares, the patent transaction and the operational results."stacy keibler stacy keibler all star game oscar red carpet daytona 500 start time ryan zimmerman oscars red carpet
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