Carl Icahn and Yahoo!

Saw an article on Wired about Carl Icahn and Yahoo! Basically Icahn wants to replace the current board of directors at Yahoo! with his own and pursue the Microsoft deal all over again. The New York Times has published the letter sent by Icahn to the chairman of Yahoo.

I doubt any good will come out of this. Personally, I think Yahoo! and Microsoft are incompatible companies and a merger between the two will only lead to disaster.

I don’t know what the problem is with this guy. Wikipedia says -

Icahn developed a reputation as a ruthless corporate raider after his hostile takeover of TWA in 1985.^[1] The result of that takeover was Icahn systematically stripping TWA of its assets and selling them off.

http://en.wikipedia.org/wiki/Carl_Icahn

I hope Icahn doesn’t end up ruining Yahoo!. Somebody put some sense into him.

Related posts:

1. Hoax mail from “Microsoft”