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  #1  
Old Nov 29th 2008, 7:16 am
quantum physics quantum physics is offline
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Yahoo share price jumps a whopping 9% after Carl Icahn makes a purchase
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?
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  #2  
Old Nov 29th 2008, 7:20 am
CoreyFC CoreyFC is offline
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I'm just glad Icahn bought the shares before the government used tax dollars to bail them out.
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  #3  
Old Nov 29th 2008, 7:33 am
Freewebspace Freewebspace is offline
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Quote:
Originally Posted by quantum physics View Post
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..
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  #4  
Old Nov 29th 2008, 7:54 am
lycos lycos is offline
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Looks like the Yahoo and Microsoft search deal is getting closer. Even Jerry Yang is now out of the picture.
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  #5  
Old Dec 2nd 2008, 6:32 am
cool_78 cool_78 is offline
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I do believe the deal with Microsoft will now push through. This should have happened months ago.
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Old Dec 2nd 2008, 6:33 am
baboo baboo is offline
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