Carl Icahn's proxy battle is officially over, with Icahn adding former Nextel CEO John Chapple and former Universal Studios chairman and CEO Frank Biondi to his minority position on Yahoo's board according to an announcement from the company. "We are pleased to add people of Frank’s and John’s caliber to our board," chairman Roy Bostock said in a prepared statement. Chin up, Roy — at least you still have your seat. [New York Times]

With former AOL CEO Jon Miller out of the running, thanks to Time Warner's last-minute meddling, sources with knowledge of the situation say they expect corporate raider Carl Icahn to name former entertainment executive Frank Biondi and former advertising executive Edward Meyer to Yahoo's board. [BoomTown]