Yet another unexpected twist in the ongoing Yahoo-Microsoft-AOL-Icahn-and 'whoever is next' saga.
Yahoo has released a statement indicating that they have reached a settlement with investor Carl Icahn.
Yahoo agreed to alter it's nominations to the Yahoo board of directors in exchange for Carl Icahn voting his 4.98 percent of Yahoo's stock in favor of the elected board.
The board will be expanded to 11 from 8 members, with Jerry Yang still very much on the ballot and Robert Kotick stepping down. Icahn himself would get a seat on the board under the agreement.
The new slate of board nominees and the complete announcement from Yahoo! can be found here or the official post on the Yahoo! corporate website here.
Edit 8:45 AM ET