August 12, 2008 9:23 AM PDT

Yahoo reportedly settled on Icahn directors

by Ina Fried
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Correction, 12:15 p.m. PDT: Fixes the backgrounds of Biondi and Meyer, which had been transposed.

With former AOL CEO Jonathan Miller apparently out of the picture, Yahoo is close to settling on two other directors from Carl Icahn's dissident slate.

Icahn, who had been seeking to grab control of Yahoo's board, agreed ahead of a shareholder meeting to a deal that gave him just three seats on the board.

Icahn himself was , with two other spots set to be announced Friday.

AllThingsD reported on Tuesday that Yahoo is likely to choose two members of Icahn's dissident slate--Frank Biondi and Edward Meyer. Meyer is a former head of the Grey Global advertising firm, while Biondi is a former Viacom CEO (I originally had their backgrounds reversed).

To make room for the new appointments, Yahoo is expanding its board from 9 to 11 members, while Icahn replaced Activision Blizzard CEO Robert Kotick, who stepped down from Yahoo's board. Icahn, who was pushing for Yahoo to rekindle deal efforts with Microsoft, owns around 5 percent of Yahoo shares.

During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.
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by benjaminstraight August 12, 2008 9:41 AM PDT
Daily yahoo drama
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by cancelcancel August 12, 2008 9:49 AM PDT
you have the jobs they've held backwards. biondi was at viacom...
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by Ina Fried August 12, 2008 12:18 PM PDT
Yep. You are absolutely right. It's been fixed.
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During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft.


Beyond Binary is a look at how technology is changing our lives and the people behind all that life-changing stuff, with an extra emphasis on that which emanates from Redmond, Wash.

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