Version: 2008

Comments on: Icahn notes Yahoo-Google deal maybe worthwhile

Yahoo investor activist Carl Icahn notes in an interview with Reuters that Yahoo's ad search deal with Google "might have some merit."

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by shahnyboy June 16, 2008 1:58 AM PDT
This guy gives weasel a bad name...
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by drichards1953 June 16, 2008 7:39 AM PDT
Icahn does not exactly have a stellar track record for the common shareholder. Many of the companies he has gone after ended out in bankruptcy, or at the least in very heavy debt in order to satisfy his green mail demands. It appears, in many cases, the only one that benefits from an Icahn attack on a company is Icahn. He talks a big game but often little more. Extracting shareholder value, more often than not means mortgaging the assets, (meaning more and new debt) to the point that bankruptcy has a much higher potential than before Icahn got involved.
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by fdunn3 June 16, 2008 8:08 AM PDT
Icahn is simply trying to "turn lead into gold" by endorsing this idiotic move by Yahoo so that the general public and Day Traders will buy up his stock at a point that he can get out without incurring a loss.
He may be somewhat less than ethical but he's not stupid.

He needs to put a positive spin on this catastrophe so he can get out knowing that suckers will heed his spin and buy up his shares.

Within 6 months Yahoo stock will be in the lower teens and he knows it.
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by cnetcensorssuck June 16, 2008 11:18 AM PDT
Exactly!
by benjaminstraight August 3, 2008 2:21 PM PDT
Maybe it would be. Merging of two super-powers.
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