∞ Icahn escalates war of words with Yahoo
Billionaire investor Carl Icahn fired off a second open letter to Yahoo Friday saying the company should offer to sell to Microsoft for $34.375 a share.
Icahn said if he succeeds in his proxy battle to remove the Internet company’s current board of directors, he will cut off talks with Microsoft about alternative transactions if the software maker can’t guarantee that investors will get at least $33 per share.
