Yahoo! Inc. (NASDAQ: YHOO) is poised to announce the final two candidates for its board of directors by Friday, filling out its 11-member board with two people from investor Carl Icahn's slate of candidates. But in this day and age when we know virtually everything that's going to happen before it actually happens, The Wall Street Journal is reporting that Frank Biondi and John Chapple will be named to the board. Kara Swisher of All Things Digital (part of the Journal's digital network), however, offers up Biondi and Edward Meyer as most likely to be named to the board, though she did also mention Chapple as a possibility. They would join Icahn, who received a seat as part of the settlement of his proxy fight with the company last month.
Regardless of who gets named, it remains to be seen how effective the new members will be and whether they will be able to bring Microsoft Corp. (NASDAQ: MSFT) back to the table for another go-round. Icahn could also look to force out Yahoo! CEO Jerry Yang or board chairman Roy Bostock if the company is unsuccessful in turning things around in the next few quarters.
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