After getting the big “F.U.” from Yahoo over the weekend. Carl Icahn has decided that enough is enough and has decided to file the paperwork to run a slate of nine people to replace the Yahoo board. Some interesting names pop up on this list, including Mark Cuban (Dallas Mavericks Owner), Adam Dell (Brother of Dell CEO Michael Dell) as well as Icahn himself.
So it’s officially on. Jerry Yang is going to war against Carl Icahn. One thing to consider is that shareholders may not vote for his “Gang Of Nine” because Icahn has no plans for the company beyond selling it to Microsoft.
Regardless of who wins, it’s going to be bloody.
UPDATE: Here’s the latest letter from Carl Icahn.