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[News] [Rival] Suspected Microsoft Henchman Back to Headhunting Yahoo!

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Icahn renews pressure on Yahoo

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| Dissident shareholder Carl Icahn renewed pressure on Yahoo Inc to strike a 
| merger deal with Microsoft Corp and replace Chief Executive Jerry Yang in his 
| latest proxy filing on Thursday.  
`----

http://www.financialexpress.com/news/Icahn-renews-pressure-on-Yahoo/328226/

The Sweater Guy says he doesn't see it ever materialising.

Another Yahoo Overhaul as It Tries to Right Itself

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| Susan L. Decker, Yahoo’s president, said that “any organization change is 
| disruptive,” but added that the move was necessary, and that planning for it 
| had begun before Microsoft announced its bid for Yahoo in February.  
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http://www.nytimes.com/2008/06/27/technology/27yahoo.html?ei=5087&em=&en=74c3e41a754a1e78&ex=1214712000&adxnnl=1&adxnnlx=1214583884-jCnf5OTrJIZtr4h4QlZoew
http://tinyurl.com/6p6y7f


Recent:

Microsoft cops to talking with Icahn on Yahoo

,----[ Quote ]
| Dispensing with its previous above-the-fray posture, Microsoft has
| admitted -conspiring with- talking to activist Yahoo shareholder Carl Icahn,
| who is trying to oust the Internet company's board and Chief Executive Jerry
| Yang for failing to sell out to the software giant.
`----

http://latimesblogs.latimes.com/technology/2008/06/microsoft-talki.html


Yahoo: Icahn “Manipulates The Facts”

,----[ Quote ]
| The company also says it is “patently untrue” that the company turned down an
| offer of $40 a share from Microsoft and sabotaged the later offer of $33. The
| letter contends that Yahoo’s board “has at all times been focused on
| maximizing shareholder value.”
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http://blogs.barrons.com/techtraderdaily/2008/06/05/yahoo-ichan-manipulates-the-facts/?mod=googlenews_barrons
http://tinyurl.com/64nvv5
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