Resident Chiphead

via TechCrunch…

All Yahoo has to do to defeat Icahn is convince a majority of voting shareholders that he is wrong and not qualified to control the fate of the company via his hand-picked board. Taking the battle to the homepage shows how close it may turn out to be. Every single vote counts, and Yahoo is not shy about using its Web real estate to put up a sign arguing its case. It doesn’t say much for the editorial independence/neutrality of the homepage, but when you are fighting for your life those sorts of considerations are thrown out the window.

Update: Yahoo has already convinced one of its biggest shareholders, Legg Mason’s Bill Miller, who just announced that he will vote his 4.4 percent stake in Yahoo to support Yang and the current board. If Yahoo’s biggest shareholder, Gordon Crawford, does the same. It’s game over for Icahn.