Google deal slows activist Yahoo shareholders' momentum
Lawyers for two Yahoo-owning Detroit pension funds saw a Delaware judge deny their request to expedite a shareholder lawsuit against the company. The funds had hoped to speed up the process ahead of Yahoo's annual shareholder meeting that will determine who controls the company's board — Jerry Yang's stooges, or corporate raider Carl Icahn's stooges. As a result of the judge's decision and Yahoo's deal to outsource search advertising to Google, two major Yahoo shareholders now say they will seek a board composed of some of Icahn's selections and some of the current directors. Icahn himself is said to now be merely hopeful he can win "at least some board seats." (Photo by AP/Mark Lennihan)