Investor Carl Icahn has apparently bought about 50 million Yahoo shares since Micrsoft withdrew their bid for Yahoo.
The WSJ expects Mr. Icahn to decide today whether to launch a proxy contest to unseat at least part of Yahoo's board.Possibly Mr. Icahn wants the Microsoft deal back on the table. There is at least something going to happen, when someone like Carl Icahn invests around a billion dollars.
Yahoo shares were up more than 5% at the end of the trading day yesterday.
More details on the WSJ.
Don't Miss: See the first leaked Black Friday 2016 Ad
Don't Miss: Incredible Pokemon Gifts