Icahn Enlists Cuban to Storm Yahoo

Schachter, Ken
May 2008
Red Herring;5/15/2008, p3
Trade Publication
The article reports on a letter sent by Carl Icahn to Yahoo Chairman Roy Bostock arguing that Yahoo's incumbent board acted irrationally in rejecting Microsoft's $33 per share acquisition offer. In the letter, Icahn said Yahoo's board had completely neglected merger negotiations and voiced concern that Yahoo plans to pursue strategic alternatives, an apparent reference to possible plans to outsource some search advertising to rival Google.


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