Finally the cool wind started to blow
So as Carl Icahn got three positions on Yahoo!’s board of directors, the wind in
Tag Archives: Carl Icahn
Corporate business
A heated debate over the last few months seems not ended but getting fuel underneath. It’s all about Microsoft’s buying of Yahoo!. For the last four years Yahoo!’s rival Google’s stock has gone up 440%, while Yahoo!’s one remained flat. Microsoft moved to a bid to offer $33 per share making the total value of $47.5 bn. But Jerry’s team demanded $37/share. Therefore MS retreated. But shareholders anger and frustration persisted.