Icahn Won't Take Yahoo!/Microsoft Deal Off the Table
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Appearing on CNBC's Closing Bell, activist investor Carl Icahn said, as a Yahoo! (Nasdaq: YHOO) shareholder, he would not be interested in a partial bid from Jonathon Miller. At the same time, when asked if he would be interested in a Jonathon Miller bid for the entire company, Icahn admitted that as a director of Yahoo!, he needs to consider all potential offers.
Despite recent reports that talks between Yahoo! and Microsoft (Nasdaq: MSFT) have officially ended, Icahn would not take the chance of such a deal off the table and seemed to imply that this option would be optimal for Yahoo! shareholders.
Icahn currently owns more than 75 million shares of Yahoo!.
Yahoo! Inc. provides Internet services to users, advertisers, publishers, and developers worldwide.
Despite recent reports that talks between Yahoo! and Microsoft (Nasdaq: MSFT) have officially ended, Icahn would not take the chance of such a deal off the table and seemed to imply that this option would be optimal for Yahoo! shareholders.
Icahn currently owns more than 75 million shares of Yahoo!.
Yahoo! Inc. provides Internet services to users, advertisers, publishers, and developers worldwide.
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