IndustryYahoo Sets Aug 1 Shareholder Meeting, Icahn Wants Yang Out

Yahoo Sets Aug 1 Shareholder Meeting, Icahn Wants Yang Out

In the ongoing saga of Microhoogle, two major announcements have been made amidst the rumors and the ever-present speculation.

First up, Yahoo has set an August 1, 2008 date for its postponed shareholders meeting. That gives them almost two months to ready the troops to fight Icahn’s proxy board.

And Jerry Yang has more reason than ever to fight and fight hard. Carl Icahn has announced that he wants Yang out as CEO of Yahoo. The news came in the wake of unsealed court documents claiming Yang had not given serious consideration to Microsoft’s offer.

What do you want to happen? Do you even care anymore? Should the world be caring about two search engines that trail Google by such a wide margin? Sound off in the comments!

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