I started writing about the Yahoo!, Carl Icahn tug of war a while back but I just couldn’t keep up. It seemed like everyday there was some new twist or some new turn. I decided it was easier to wait until the dust settled, if it ever did, and see what happened.
So as of this writing, Yahoo! has had their shareholders meeting without much fanfare. Icahn has been appointed to the Yahoo! board along with 2 of his nominees. Microsoft is still mostly uninterested in trying its hand at being suitor and the Yahoo! shareholders have signaled that they are unhappy with the board but not enough to kick them all off. Seems like that was a long way to go just for everything to stay the same and get a couple of new board members?
I thought that there would be some sort of shake up or new direction. Guess I was wrong about that one. The silicon valley is so weird.