icahn


Icahn Opposes Partial Sale of Yahoo


Remember the Billionaire Carl Icahn? The limelight he tried to capture with Microsoft support? Guys, his game is not yet over! Icahn has opposed to sell part of Yahoo to former AOL Chief Executive Jonathan Miller. How will he as he is been fed by Microsoft? Read the full story

Posted in YahooComments (0)


Are Yahoo Shareholders So Dumb?


Any onlooker who reads for the first time what is going on with Icahn, Microsoft and Yahoo can easily figure out that Icahn is being fed three times a day by Microsoft. The software giant is just using him for its own gain. This is a well planned puzzle that Microsoft has hosted. But are the shareholders so dumb to listen to the Mr. Nobody Icahn?

I feel Microsoft is acting similar to how America acted in the days of war. A decade back America supported Iraq against Iran. Few years after the war was over, Iraq was invaded by America itself. Wow! Doesn’t it sound similar?

It is so obvious that Steve Ballmer is using Carl Icahn to weaken Yahoo to get an at-ease best buy deal done. Even dummies can understand it. But how then do all the investors wag the tail exactly as Icahn does? May be Icahn is so clever to mesmerize the investors and could that be how a college dropout became a billionaire financier and a well-known private equity investor?

Carl Celian Ichan has a history of successful quests and deals by pressurizing or trapping the opponent. Now it’s Yahoo which he’s looking for. Microsoft could well have made a deal with him titled, “If you make it happen, then…” Icahn has now filed a definitive proxy statement nominating that a slate of nine directors should replace Yahoo’s current board members including CEO, Jerry Yang. But why? Is it just because they consider Yahoo is worth much more? Or is it because they are not happy that Yahoo, a once upon a time King is being sold out? What is wrong in that? What else did they do? Did they commit a crime?

Remember how he pressed the board for a seat in Motorola and how Icahn could make the deal with Lear Corporation. If not, you should be remembering at least how he pressured Medimmune Inc to consider takeover bids. If you do wag the tail like he does, then you should be aware.

If you are just a casual onlooker watching what’s going on in the arena, then join me to watch the game of dummies, wealthy mesmerizer, the rich giant and the once-a-king-now-a-poor-man.

Posted in YahooComments (0)


Icahnsoft Files Proxy Statement on Yahoo Board


Carl Icahn will never give up! How will he when the software giant Microsoft is backing him and the entire shareholders speak his language? Billionaire investor and shareholder Carl Icahn filed a definitive proxy statement today nominating slate of nine directors to replace Yahoo’s current board members including its Chief Executive Officer, Jerry Yang.

On Sunday, Icahn and Microsoft Corp. jointly proposed for a restructuring of Yahoo board and its executive ranks and the sale of the search business to Microsoft. Microsoft can not be more shameless by backing Icahn in getting the deal done at any cost.

Icahn’s slate of directors recommended to the U.S. Securities and Exchange Commission obviously includes a list favorable to Microsoft and Icahn. The list would obviously speak and act what Icahnsoft orders.

The slate includes Adam Dell, managing general partner, Impact Venture Partners, Mark Cuban an entrepreneur and others. The persistent and adamant Icahn stated, “We believe that now is the time to enter into a significant transaction with Microsoft,” on a letter to Yahoo shareholders. He also stated that his current best-friend Microsoft would purchase all of Yahoo or its search business if the current board is replaced with Icahn’s own personal favorites.

Posted in YahooComments (0)


Advertisement

Widgets

Archives