Carl Icahn May Give Up On Yahoo! After Google Deal

Silicon Alley Insider:

The drubbing Carl Icahn took last week may just have beaten the stuffing out of him. The raider "hinted" that he might not press forward with his campaign to get Yahoo's board fired, Reuters says.

In his first comments since the end of Microsoft-Yahoo talks nuked Yahoo's stock (and Icahn's stake), Carl tells Reuters that he thinks the Google search deal Yahoo signed "might have some merit" and is "better than the alternative deal proposed by Microsoft":

Read the whole story: Silicon Alley Insider

Comments

[Harrier]

Ican is known for splitting up companies and selling them. It is for that reason many believe his actions do not help the US economy. I personally believe Yahoo has a great deal of potential long term and with worth more than is being offered. Its search engine is vastly improved and rivals Google without the google advertising and its content is very strong. I use it all the time for a lot of things

[KCFreedom]

This guy couldn't start a meaningful business of value to save his life.

At least he knows how to chainsaw through one already existing.

How hard can that be?

[totalliberal]

Oh, the big bottom-feeder is angry. Hey old man, go start a business of your own instead of destroying them.