Wednesday, June 04, 2008

Icahn upset by Yahoo's effort to derail takeover - The Boston Globe

The saga continues...

Icahn asserted in an interview yesterday with The Wall Street Journal that Microsoft is unlikely to renew its courtship as long as Yahoo chief executive Jerry Yang and the company's eight other directors remain on the job.

"I'm very cynical about many of the boards and CEOs in this country, but even I am amazed at the lengths that Jerry Yang and the board went to entrench themselves in this situation," Icahn said.

Icahn upset by Yahoo's effort to derail takeover - The Boston Globe

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