The Yahoo board has responded to corporate raider Carl Icahn’s sharp criticism and call to action with this tiny note out today:
SUNNYVALE, Calif., Jun 06, 2008 (BUSINESS WIRE) –Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today issued the following response to Carl Icahn in response to his letter dated June 6, 2008:
Leaving aside Mr. Icahn’s inaccurate interpretation of our retention plan, we again note that he has no credible plan to operate Yahoo!. We believe that Mr. Icahn’s suggestion that we cancel our retention plan would have a destabilizing impact on Yahoo! More»

Labels: microsoft merger, Yahoo, YHOO