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Icahn May Move To Replace Yahoo's Board

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Billionaire investor Carl Icahn made his intentions known after acquiring some 50 million shares of Yahoo stock: he's going to wage the proxy fight that Microsoft chose not to conduct.

Steve Ballmer walked away from negotiations with Yahoo after both sides refused to budge enough on a price for the Internet portal. Carl Icahn may be driving the limo that brings Ballmer back to the negotiating table.

Currently it's the usual "person familiar with the matter" talking about Icahn's plans, in this case the idea that the investor will nominate 10 directors to Yahoo's board by the end of the day on May 15th. The

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