Microsoft and Yahoo both employ intelligent, well-educated men and women.  Carl Icahn’s pretty sharp, too.  Recent acquisition dealings seem to have turned a great many people into finger-pointing fifth graders, though, and there’s been another salvo of letters and statements to support this argument.

The survival chances of Yahoo’s board could diminish greatly if powerful investor Gordon Crawford decides Carl Icahn’s proposed slate of directors looks better than the current Yahoo board.

A certain tradition involving Charlie Brown, Lucy, and a football began over 50 years ago.  Now, as Yahoo has once again claimed it’s open to the idea of an acquisition, it’s beginning to look like Steve Ballmer and Jerry Yang might set some record of their own.

As things stand, Microsoft claims to be done negotiating with Yahoo.  But Redmond’s best-known corporation has announced that it is willing to reenter acquisition talks if Carl Icahn wins his proxy fight.

Billionaire investor Carl Icahn is launching his much-anticipated blog today, called the Icahn Report.

Icahn first announced that he would launch a blog in February focused on the desultory state of corporate governance in America.

Since the announcement, the blog, icahnreport.com, has remained vacant of content, leading the New York Post Web site to launch a daily "Carl I Can’t Blog Counter," tracking how many days, hours, minutes and seconds the blog has been idle.

Rather than having security escort all of Yahoo’s current board off the premises, some major Yahoo investors think there’s room for a mix of old and new directors running the show.

The Carl Icahn side of the Yahoo chess match suffered a set back after a Delaware judge refused to grant an expedited trial to decide whether CEO Jerry Yang and board chairman Roy Bostock should be held financially responsible for blocking a Microsoft acquisition and for designing a so-called "poison pill" to jack up the cost of an acquisition.

While it doesn’t represent a quick exit from his holdings in Yahoo with a tidy profit, billionaire investor Carl Icahn did not dismiss the ad deal between the two search advertising companies.