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Is it end of Carl Icahn proxy fight or start?

By Amarendra Bhushan for CEOWORLD Magazine Updated:August 19, 2008

John Chapple and Frank Biondi Jr. on the yahoo board. It seems that finally Carl Icahn managed to put two of his key person on the yahoo board of directors that ultimately leave Icahn in control? Former Viacom CEO Frank Biondi Jr. and former Nextel CEO John Chappel will join Carl Icahn as the newest additions to Yahoo’s board. If you were a betting person, what you predict for Yahoo’s future? Stop fishing, its Carl Icahn. May be it can lead to, a fine re-start to the Microsoft buy-out deal? How about a Google buy-out deal?

No matter what, Jerry Yang is going to need to need some serious negotiation skills in order to survive the next few quarters. In this type of high-pressure gamen ext Superbowl will be played on 2/1/09. “Frank’s extensive experience in the entertainment and media industries, combined with John’s deep management experience in telecommunications, will provide valuable perspectives to our already diverse board,” Yahoo Chairman Roy Bostock said in a well geared up statement. “We look forward to working with them as our board continues its ongoing efforts to enhance

Just for readers to know. Yahoo spent $36 million in the first half of 2008 to outside advisers that helped the company navigate the buyout talks with Microsoft, as well as the proxy threat from Icahn.

If the arrival of the new directors marks the end of the odyssey, we will welcome them at Yahoo!

On the other hand, does Yahoo really need two more strong voices on its board?

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