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First entry added on 2008-07-22 00:46. Last entry added on 2008-07-22 00:46.
Total entries: 1 (1 public, 0 private)
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7/2008
1. OMG - What has Yahoo Done ?
Yacrosoft or Michoo – too Icahnish? When America was once prosperous, not too long ago and most U.S. industries had at least a bright near-term economic future, the greedy class of American could enrich themselves privately, away from the media and general public – but, those times have changed. This recent statement in The Washington Post article says it all - “Icahn, who owns a 5 percent stake in Yahoo, emphasized he still believes a sale of all or part of Yahoo may still be the best way for the Sunnyvale, Calif.-based company to lift its sagging stock price.” No mention whatsoever has been discussed publicly of what to fix that people don’t like about Yahoo that may be causing the lack of financial windfall that Carl Icahn believes he should benefit from by investing in Yahoo, the well liked consumer based Internet icon stock.
by danglingwrangler  on 2008-07-22 00:46 tags: arbitrage · carl icahn · yahoo · hostile takeover · microsoft · globalization · internet · layoffs · corporate tax credits · off-shore employees
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