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Carl Icahn will destroy Yahoo (marketwatch.com)
8 points by nreece on May 18, 2008 | hide | past | favorite | 4 comments


Unfortunately this is just all about money. If you read the history of Icahn - especially in the 80's - he was/is a tenacious corporate raider who is more than happy to take a company, split it into component parts and sell it all for a profit. He's only interested in making money from this. As an investor you can see why he's doing it - he's not interested in the company for running it because of any future potential. He see's value in its share price right now and what he can get for it. Yahoo is still a great company, that is currently overshadowed by Google. They (the directors) do have a duty to their shareholders though, which is what this is all about. It will be interesting to see how it goes, but its going to get more complicated I think


I think I'm more qualified to sit on Yahoo's board than most of the current and proposed board members. At least I use Yahoo's services, both in search, search marketing, Flickr, del.icio.us, and their many APIs etc..


Mo money = mo problems


the writer is 100% right, the people who want to come on-board with only purpose of selling the company is not good , whether it is short term or long term. These folks to me looks like a joker and none of them have any skills that yahoo founders at least have it.




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