* Homer peremptorily fired off this memo:
> Verily I say unto thee, that Roy Schestowitz spake thusly:
>
>> Icahn Considering Merits Of Yahoo, Google Pact
>>
>> ,----[ Quote ]
>> | "While the Google deal is not the same as an offer of $34.375 per
>> | share for Yahoo, I am continuing to study it, and it might have
>> | some merit," Icahn said in the report. "I continue to be extremely
>> | disappointed with the Yahoo management, but the Google deal might
>> | have some merit and seems to be better then the alternative deal
>> | proposed by Microsoft."
>> `----
>
> I'm sure that's very generous of Mr. Icahn to allow Yahoo! to operate
> their business as they see fit. Who is this arrogant dickhead?
Carl Celian Icahn (born February 16, 1936) is an American billionaire
financier, corporate raider, and private equity investor. His net worth
is US$14 billion as of 2008, making him the 46th richest man in the
world.
http://en.wikipedia.org/wiki/Carl_Icahn
Some tidbits:
On January 30, 2007 Motorola (NYSE: MOT) said it received notice that
Icahn owns about 33.5 million shares, representing a 1.39% interest
in the company and pressed for a seat on its board. But he was
promptly turned down by the majority of the stock holders in the
election for Board Directors which was held on May 8th.
On March 24, 2008 Icahn sued Motorola as part of his efforts to gain
4 seats on Motorola's Board and force a sale of its mobile business.
On February 9, 2007, Lear Corporation's (NYSE: LEA) board of
directors agreed to a $2.3 billion takeover offer from Icahn, pending
a 45 day solicitation period for other offers, which it did not
receive, and shareholder approval.
During April, 2007, Icahn successfully pressured Medimmune Inc (MEDI)
to consider takeover bids. The company was bought out by AstraZeneca.
On September 14, 2007, Icahn disclosed his ownership of 8.5% of
outstanding shares in business software company BEA Systems Inc. BEA
Systems shares rose more than 4% after Icahn disclosed his stake in a
filing with the Securities and Exchange Commission. In the filing,
Icahn, known for forcefully pushing an agenda at companies where he
acquires ownership, suggested that BEA Systems should put itself up
for sale. By September 21, Icahn increased his stake to 9.88% of BEA,
and on October 3, to 11.05%, and then to 13.22% on October 4,
2007.[6] On January 16, 2008, Oracle Corporation announced it was
purchasing BEA Systems.[
On May 13, 2008 Carl Icahn purchased as many as 50 million shares of
Yahoo, leaning toward launching a proxy contest.
Here's the funniest one:
On May 22, 2008 Carl Icahn, a long time donor to both Republicans and
Democrats, spoke out against 2008 Democratic presidential nominee
Barack Obama saying that Obama would be a "terrible president who
would wreck the economy."
--
It turns out Luddites don't know how to use software properly, so you should
look into that. -- The reason we come up with new versions is not to fix
bugs. It's absolutely not. It's the stupidest reason to buy a new version I
ever heard. When we do a new version we put in lots of new things that
people are asking for. And so, in no sense, is stability a reason to move to
a new version. It's never a reason.
-- Bill Gates, http://www.cantrip.org/nobugs.html
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