Yahoo CEO Jerry Yang — the target of a proxy battle by billionaire investor Carl Icahn and a takeover offensive by Microsoft — just arrived in Sun Valley for Allen & Co’s mogul confab. It looks like he wishes he was elsewhere.

Yang was also spotted by the Sun Valley Inn with former Time Warner CEO Dick Parsons, probably asking for advice on how to handle Icahn.

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(Photo: Reuters / Rick Wilking / (l to r) Google co-founder Larry Page, Yahoo CEO Jerry Yang, Google co-founder Sergey Brin)