Fuzzy Logic
Technology news and Jobs arrow Fuzzy Logic arrow The! Microsoft! And! Yahoo! Deal! Could! Be! Back! On! Yowzers!
The! Microsoft! And! Yahoo! Deal! Could! Be! Back! On! Yowzers! E-mail
by Alex Zaharov-Reutt   
Tuesday, 08 July 2008
Icahn is reported to have said in an “open letter” that the problem for Microsoft with Yahoo was Yahoo’s board, with Icahn reported as saying in a phone interview with Reuters that: "I am moving towards getting a potential new management team for Yahoo including a new CEO.”

Scary stuff for Yang... would he still have a role to play at Yahoo or would he just get a nice payout instead?

Reuters also reported of what is presumed to be the same “open letter” from Icahn that: "Steve made it clear to me that if a new board were elected, he would be interested in discussing a major transaction with Yahoo.”

Apparently while this could mean Microsoft might just purchase Yahoo’s search business, it could also mean Yahoo could still get scooped up holus-bolus into the Borg Collective... I mean, Microsoft.

Perhaps Jerry Yang will just have to learn the hard way after all that “resistance is futile!”... although the deal is definitely not done yet.

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