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?

 

I'm just glad Icahn bought the shares before the government used tax dollars to bail them out.

 

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..

 

Looks like the Yahoo and Microsoft search deal is getting closer. Even Jerry Yang is now out of the picture.

 

I do believe the deal with Microsoft will now push through. This should have happened months ago.

 

Icahnn Seems to know stuff. I really like him.