
Carl Ichan is moving ahead with a Yahoo proxy battle and a new
slate of 10 board seats including Mark Cuban.
He's shaken up things at Motorola and Time
Warner so he's not the person you'd want to come knocking at your investor
relations door. He picked up 50 million shares last week and has said he will
buy up more shares ($ billion + shareholder already). All he needs to
Gordon
Crawford (with Capital Research & Management) and
Bill Miller with Legg
Mason who owns 80 million Yahoo shares and is the company's second largest
shareholder to pull this off. He does not have Microsoft's commitment, but with
a new board and willingness to accept the last offer, the deal may go through.
Yang will have trouble blocking the Power Play shots on goal as Ballmer, Ichan
and Cuban crash the net and head for the onion bag.
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