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Icahn gets on board at Yahoo! - so what's next?
Technology Industry
Icahn gets on board at Yahoo! - so what's next? | Icahn gets on board at Yahoo! - so what's next? |
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| by Stephen Withers | |
| Tuesday, 22 July 2008 | |
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Page 4 of 4 Icahn previously threw his weight behind proposals to sell the search business to Microsoft, but his statement suggests willingness to work towards a reinvigorated company. Still, it's hard to see how his presence on the board would make an eventual full or partial acquisition by Microsoft less likely.Featured Whitepaper
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Following the announcement, Yahoo! shares closed at $21.67, down $US0.78 from the previous close. They slipped even lower in after hours trading. |
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