Carl Icahn 1, Yahoo! 0

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Carl Icahn has been busy:

I have therefore taken the following actions: (1) during the last 10 days, I have purchased approximately 59 million shares and share-equivalents of Yahoo; (2) I have formed a 10-person slate which will stand for election against the current board; and (3) I have sought antitrust clearance from the Federal Trade Commission to acquire up to approximately $2.5 billion worth of Yahoo stock.

Here's the complete text of letter to Yahoo!.

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This page contains a single entry by Nasser published on May 15, 2008 12:05 PM.

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