1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.
  2. Better Analytics for WordPress Get It Free

Billionaire investor Carl Icahn is considering launching a proxy fight at Yahoo Inc

Discussion in 'Yahoo' started by CommonDavid, May 13, 2008.

  1. #1
    CommonDavid, May 13, 2008 IP
  2. Stealer

    Stealer Peon

    Messages:
    1,035
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Thanks for this interesting news article.
     
    Stealer, May 13, 2008 IP
  3. dopiitv

    dopiitv Well-Known Member

    Messages:
    1,557
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    115
    #3
    that company is a mess lol
     
    dopiitv, May 13, 2008 IP
  4. Stealer

    Stealer Peon

    Messages:
    1,035
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    0
    #4
    I think Yahoo deserves it after getting offered so much per share when there shares are currently doing so horrible! :(

    CM
     
    Stealer, May 13, 2008 IP
  5. movidalatina

    movidalatina Well-Known Member

    Messages:
    1,269
    Likes Received:
    15
    Best Answers:
    0
    Trophy Points:
    105
    #5
    unbelievable how incompetent "Y" is.
    and the disregard for the shareholders :-/
    2 out of 10 things work over there..lol
    flickr and yahoo mail are the only things that
    work, search engine sucks,YPN sucks, mash sucks.......
     
    movidalatina, May 13, 2008 IP
  6. hexinator

    hexinator Peon

    Messages:
    357
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #6
    and now it's gonna sell cheaper than Microsoft first offered.
     
    hexinator, May 13, 2008 IP
  7. wisdomtool

    wisdomtool Moderator Staff

    Messages:
    15,639
    Likes Received:
    1,316
    Best Answers:
    1
    Trophy Points:
    385
    #7
    Not that easy Yang is also buying up Yahoo shares, I guess Carl will have to force a proxy vote and rely on other independent share holders to take down the current board.
     
    wisdomtool, May 13, 2008 IP
  8. Stealer

    Stealer Peon

    Messages:
    1,035
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    0
    #8
    I think the share holders will take Yahoo out, bad management.

    CM
     
    Stealer, May 13, 2008 IP
  9. CommonDavid

    CommonDavid Peon

    Messages:
    440
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Honestly, Yahoo wouldn't be hurt from some new management.

    They've got a lot of good things going, but it seems like almost every project ends up being mismanaged or cut short.
     
    CommonDavid, May 14, 2008 IP
  10. peepin2me

    peepin2me Well-Known Member

    Messages:
    2,089
    Likes Received:
    65
    Best Answers:
    0
    Trophy Points:
    115
    #10
    Good for Y! if it works out
     
    peepin2me, May 14, 2008 IP
  11. hospitaleracha

    hospitaleracha Peon

    Messages:
    553
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #11
    I always forget that yahoo still exists, thank you for reminding me ;-) SY
     
    hospitaleracha, May 14, 2008 IP
  12. julien_santini

    julien_santini Active Member

    Messages:
    184
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    58
    #12
    All of this is not good news for us though ... with so much consolidation around our bargaining power is shrinking by the day.
     
    julien_santini, May 14, 2008 IP
  13. CommonDavid

    CommonDavid Peon

    Messages:
    440
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #13
    Crazy!

    Icahn sends letter to Yahoo, plans proxy battle
    Thursday May 15, 9:38 am ET
    Icahn says in letter to Yahoo board he will launch proxy fight, nominate 10 directors

    NEW YORK (AP) -- Billionaire activist investor Carl Icahn has confirmed he is launching a proxy battle to remove Yahoo's board of directors.

    In a letter to Yahoo Chairman Roy Bostock, Icahn said he is nominating 10 directors, including himself, following the Sunnyvale, Calif.-based company's "irrational" actions toward Microsoft's takeover bid.

    Search engine giant Yahoo is on the hot seat for rejecting Microsoft's initial bid of $44.6 billion, or $31 per share, and taking measures that finally drove away the software maker. Icahn reportedly has spent more than $1 billion to acquire about 50 million Yahoo shares -- a stake of about 3.6 percent -- in order to turn up the heat on Yahoo's board.



    http://biz.yahoo.com/ap/080515/yahoo_icahn.html?.v=5
     
    CommonDavid, May 15, 2008 IP
  14. zippy1nut

    zippy1nut Well-Known Member

    Messages:
    218
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    103
    #14
    With a company with so much web power and has so much potential you would think they could find the right people to run YAHOO.
     
    zippy1nut, May 15, 2008 IP
  15. wisdomtool

    wisdomtool Moderator Staff

    Messages:
    15,639
    Likes Received:
    1,316
    Best Answers:
    1
    Trophy Points:
    385
    #15
    Not really crazy Carl Icahn has the financial might and determination, he had been doing that before.

     
    wisdomtool, May 15, 2008 IP
  16. Lovely

    Lovely Well-Known Member

    Messages:
    2,999
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    105
    #16
    I know there will be problem in the board of Yahoo after Microsoft pull out of the bid.
     
    Lovely, May 16, 2008 IP
  17. ReadyToGo

    ReadyToGo Peon

    Messages:
    2,854
    Likes Received:
    78
    Best Answers:
    0
    Trophy Points:
    0
    #17
    I had a gut feeling that Carl Icahn was going to make a move...
     
    ReadyToGo, May 16, 2008 IP
  18. milofi_hosting

    milofi_hosting Banned

    Messages:
    264
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #18
    Yahoo seems to have a lot of things happening with it at the moment.

    Thanks for sharing.
     
    milofi_hosting, May 16, 2008 IP
  19. Sem-Advance

    Sem-Advance Notable Member

    Messages:
    6,179
    Likes Received:
    296
    Best Answers:
    0
    Trophy Points:
    230
    #19
    LOL

    Icahn is an out of touch feeble old man

    Yahoo shot him down so hard it makes me laugh.

    http://files.shareholder.com/downlo...-15af1d12cc37/YHOO_News_2008_5_15_General.pdf

    Icahn should go back to taking on stogdy non-Internet companies as he knows nothing about the Internet....

    He also looses more than he wins.....A 3% share is not enough to hold swagger...he needs more like 10 or 20% and he doesn't have that kind of cash......
     
    Sem-Advance, May 16, 2008 IP
  20. honey415

    honey415 Peon

    Messages:
    18
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #20
    Very interesting article. Thanks for posting it.
     
    honey415, May 16, 2008 IP