Ichan launches proxy fight for Yahoo!

The Standard — Tue, 13 May 2008 21:02:59 -0700

As Kara puts it so perfectly: "If Yahoo CEO Jerry Yang thought Microsoft CEO Steve Ballmer was scary, meet persnickety investor Carl Icahn."

If so, an several people have ponited out, Carl better hop to it -- he has until Thursday to get on the slate for Yahoo's July board meeting.

This is a prediction that Carl Ichan will officially begin a proxy battle for control of Yahoo's board. This will be defined as nominating an alerternate slate for the board of directors.

If you want to read up on what a proxy fight might look like, read this post by Marc Andreessen and substitute "Ichann" in anywhere you see "Microsoft". Hehe -- no rest for the weary;)