Just last week we said that the proxy fight between Carl Icahn and the Yahoo board was going to drag on until at least August. In a surprising twist of event, it now seems the battle is almost over, as Yahoo today announced an agreement with Icahn, who will get a seat on the Yahoo board. The board will be expanded from 9 to 11 members. At the shareholder meeting in August, 8 of the 9 current board members will stand for re-election.
Only Robert Kotick has decided to abandon...