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Yahoo share price jumps a whopping 9% after Carl Icahn makes a purchase

Discussion in 'Yahoo' started by quantum physics, Nov 29, 2008.

  1. #1
    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?
     
    quantum physics, Nov 29, 2008 IP
  2. CoreyFC

    CoreyFC Active Member

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    #2
    I'm just glad Icahn bought the shares before the government used tax dollars to bail them out.
     
    CoreyFC, Nov 29, 2008 IP
  3. Freewebspace

    Freewebspace Notable Member

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    #3
    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..
     
    Freewebspace, Nov 29, 2008 IP
  4. lycos

    lycos Well-Known Member

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    #4
    Looks like the Yahoo and Microsoft search deal is getting closer. Even Jerry Yang is now out of the picture.
     
    lycos, Nov 29, 2008 IP
  5. cool_78

    cool_78 Guest

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    #5
    I do believe the deal with Microsoft will now push through. This should have happened months ago.
     
    cool_78, Dec 2, 2008 IP
  6. baboo

    baboo Peon

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    #6
    Icahnn Seems to know stuff. I really like him.
     
    baboo, Dec 2, 2008 IP