View Full Version : Yahoo share price jumps a whopping 9% after Carl Icahn makes a purchase
quantum physics
Nov 29th 2008, 7:16 am
Yahoo's stock swooped up 9% after Billionair Carl Icahn purchased Yahoo shares worth approximately 800 million Us Dollars.
Icahn move has supposidley come after Jerry Yangs exit from Yahoo.
Icahn now owns 5 % of Yahoo!
What are your views guys?
CoreyFC
Nov 29th 2008, 7:20 am
I'm just glad Icahn bought the shares before the government used tax dollars to bail them out.
Freewebspace
Nov 29th 2008, 7:33 am
Yahoo's stock swooped up 9% after Billionair Carl Icahn purchased Yahoo shares worth approximately 800 million Us Dollars.
Icahn move has supposidley come after Jerry Yangs exit from Yahoo.
Icahn now owns 5 % of Yahoo!
What are your views guys?
I think his strategy would be to get a majority stake in Yahoo and then forcing the Yahoo board to sell it off to Microsoft..
lycos
Nov 29th 2008, 7:54 am
Looks like the Yahoo and Microsoft search deal is getting closer. Even Jerry Yang is now out of the picture.
cool_78
Dec 2nd 2008, 6:32 am
I do believe the deal with Microsoft will now push through. This should have happened months ago.
baboo
Dec 2nd 2008, 6:33 am
Icahnn Seems to know stuff. I really like him.
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