Billionaire Carl Icahn may use the three board seats at Yahoo Inc. that he added to his collection on Monday to do … not much.

The colorful corporate raider, who has been locked in a public feud with Yahoo by its rejection of Microsoft Corp.’s takeover attempt, spent more than $1.5 billion to amass a 5 percent stake in Yahoo and snag the board seats. But without the support of all-important institutional investors, his impact after winning similar fights has been

“Icahn’s strategy is get in, manufacture money and get out,” said Thomas Lys, a professor at Northwestern University’s Kellogg School of Management who teaches about mergers and acquisitions.

The 72-year-old Wall Street veteran, whose movement to amass shares has been known to construct some executives sweat, sits on at least seven boards and has hand-picked surrogates serving on many others, according to regulatory filings.

Many of those seats — like […]

Orginal post by Top Tech News