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Tuesday, Jul 22
Icahn Boomerangs Back to Yang, Gets Three Board Seats for His Troubles
Ballmer basically played Icahn like a fiddle here," said one Yahoo shareholder. "He told Icahn that he was still interested in Yahoo but refused to put a price out there that would have convinced shareholders to take a chance with his slate.The end result is that Yang wins (for the moment, and who saw that coming?) and Icahn is left in the red for all that Yahoo stock he bought last spring: Yahoo stock dropped 3.5% yesterday. Email This Post |
Turning the Page For New York Media
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