Yahoo CEO Jerry Yang launched a fresh offensive in the Yahoo-Microsoft war of words yesterday, reports the Wall Street Journal. Microsoft has said it would be interested in reopening merger talks if Yahoo's current board was replaced—but the Yahoo co-founder accuses the company of tactics to destabilize Yahoo without any real interest in cutting a deal.
Yang also hit out at activist investor Carl Icahn, who is waging a proxy battle to unseat Yahoo's entire board at its August 1 meeting, and plans to replace Yang if he succeeds. "To trust Mr. Icahn and his board is really a bad choice," Yang said. "I can bring stability back to Yahoo. The destabilizing by Microsoft has become more and more intentional. I am not happy about it."