I meant to mention this this morning, but I got distracted. That is why I hate little shiny things.
From the AP:
"Billionaire investor Carl Icahn is reportedly loading up on Yahoo's (YHOO) stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft (MSFT), back to the bargaining table.
As he mulls whether to lead a rebellion, Icahn has accumulated about 50 million Yahoo shares, a stake of roughly 3.6% in the company, both CNBC and The Wall Street Journal reported Tuesday. The New York Times reported the news in Wednesday's editions. The media outlets cited unnamed people familiar with the matter.
Icahn hadn't returned messages seeking comment as of late Tuesday. He faces a Thursday deadline to submit an alternate slate of directors to oppose Yahoo's board at the company's July 3 annual meeting."
"Billionaire investor Carl Icahn is reportedly loading up on Yahoo's (YHOO) stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft (MSFT), back to the bargaining table.
As he mulls whether to lead a rebellion, Icahn has accumulated about 50 million Yahoo shares, a stake of roughly 3.6% in the company, both CNBC and The Wall Street Journal reported Tuesday. The New York Times reported the news in Wednesday's editions. The media outlets cited unnamed people familiar with the matter.
Icahn hadn't returned messages seeking comment as of late Tuesday. He faces a Thursday deadline to submit an alternate slate of directors to oppose Yahoo's board at the company's July 3 annual meeting."
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