So here’s the basic conundrum in this whole concept of Carl Icahn launching a proxy contest for Yahoo (YHOO): What’s the point unless he can get Microsoft (MSFT) to launch a new bid?
It is certainly possible that institutional investors are sufficiently irritated at Yahoo CEO Jerry Yang and the company’s board that they might want to oust some or all of the directors. But to what end?
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
