Billionaire investor Carl Icahn maybe a fairly new heavy-hitter at Yahoo (having only recently scooped up about 10 million shares and options to acquire 49 million more) but he has looked on for way too long (uh, days?) as Yahoo has “botched” merger negotiation after merger negotiation with Microsoft and he’s had about enough. His solution? A new board loaded with hand-picked directors, including former CEO of Viacom, a Harvard professor and even Dallas Mavericks owner Mark Cuban. Oh yeah, and him, too. But, assuming he stands a chance at overthrowing Yahoo CEO Jerry Yang’s board, will Microsoft ever agree to return to the dealmaking table?
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Showdown: Icahn Vs Yang |
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