(NewsVisual, powered by IntellectSpace) -- Yahoo! Inc (NASDAQ: YHOO) is fighting back against billionaire investor Carl Icahn, who moved yesterday to unseat the company's Board of Directors in order to resume deal-talks with Microsoft Corp (NASDAQ: MSFT).
The Wall Street Journal reported that Yahoo CEO Jerry Yang reassured employees and executives that the company's recent performance justified the Board's original decision to reject Microsoft's offer, so it is likely that Icahn won't have his way without a fight.
NewsVisual created an IntellectSpaceKnowledgeMap to illustrate the corporate experience and know-how that Icahn believes is lacking. Currently leading the Board is Chairman Roy J Bostock, who holds the same position at Northwest Airlines and is also a Director at Morgan Stanley. Also notable is that Northwest engaged in a merger earlier this year with Delta, so Bostock has had a fair amount of recent experience in handing mergers and acquisitions. Many of the other Directors at Yahoo hold similar board and senior executive positions at other major companies.
Icahn may not have liked the outcome of the Yahoo and Microsoft deal negotiations, but he'll be in for a tough battle if he continues to attempt to unseat Yahoo's Board.