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The week had been pretty silent with Yang and the gang taking a break away from the regular spice they always had for news readers but Friday’s shareholders meeting might just bring out something totally unexpected. For? Yahoo and more importantly Yang; the co-founder might have had a run away from Icahn (the untrustworthy) and Microsoft’s plans at ousting the fighter along with his board (that was rejected by Yahoo like its co-founder). But he has to come up with something more meaningful to stand out victorious and save himself.

The last victory at making Icahn go quite came when Yang got backing from one of its major investors, Legg Mason’s Bill Miller and voicing the opinion over at Yahoo’s web page. But he still has to win the biggest shareholder; The Capital Group holding 16% (as reported by Erick Schonfeld) via two funds; Capital World Investors (9.85%) and Capital Research Global Investors (6.53%) and the worry here is that Gordon Crawford (running Capital Research) still has complains as to how the board directs Yahoo. So here rises a dilemma for Yang and Chairman Roy Bostock that is how to pull Crawford’s favor in support for the present board.

The entire proceedings, no matter what and how they end up depend primarily on the Investors (Crawford, Mason, Icahn, John Paulson being the most prominent), they would decide the fate of what has to be done about Yahoo; to force a sale or look for an alternative. Will that be all to see? I doubt it as the recent times have seen the investors themselves divided between favouring the sale and tipping in with Yang.

What is Yang going to do? Use emotional tactics to have rest of the shareholders to join him in his rebellion? Even if that were to happen, Crawford would very well be able to use his influence to negotiate terms that favor his own interests. Icahn; I bet he would be preparing pages of new slur against Yang as he sits aided with extra seats in the board after negotiations.