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Big Yahoo Investor Poised To Back Icahn


Game over for Yang, Bostock, and Yahoo's board?

The survival chances of Yahoo's board could diminish greatly if powerful investor Gordon Crawford decides Carl Icahn's proposed slate of directors looks better than the current Yahoo board.

In the deep waters of high finance, a few really big sharks cruise in search of tasty critters to devour. A few, like Icahn, T. Boone Pickens, and now Crawford have broken the surface with their impressive dorsal fins to shatter the nerves around Yahoo's Amity Island.

Jerry Yang will need a much bigger boat if, as All Things D observed, Capital Research Global Investors’ Crawford opts to throw in his lot with corporate raider Icahn and company. Kara Swisher cited several sources regarding a recent, less than pleasant, chat Crawford and Yang had while their respective posses looked on from the sidelines.

Yang and Yahoo chairman Roy Bostock repaid the executives who recently left the company with sharp jabs in the back, as reward for their previous service. Those departures in the wake of another Yahoo reorganization should not be blamed on the present leadership, so Yang and the board seems to believe.

Crawford evidently isn't having any of it, and may be leaning more toward Icahn's sweeping proposal, one that aims at maximizing shareholder value. As if on cue, Microsoft re-entered the picture and said they're willing to talk deals with Yahoo. Just not this current bunch of Yahoo leaders.

It could be Crawford who ends up influencing a change of leadership at Yahoo, and perhaps a change of ownership as well.

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Comments

Surrender and you shall surive

Yahoo underestimate Carl Icahn's ability as a Renegade Capitalist...

Yahoo's search deal with Google is a proven sign of financial immaturity
by its founders... Yahoo will just feed its younger rival and eventually
become extinct.

If you are in high finance you will understand that only Microsoft can
save Yahoo... and only Microsoft can leverage its own potential to
topple Google.

The is the Deal of the Internet History.

Microhoo Rocks!

http://www.hophunt.com/microhoo.html

 

yahoo

someone needs to jump in at least the chats,  there are more bots now then ,and no one cares. they just make it harder to get in rooms of bots .not as many in msn chat but not as good set up there yet for chats.

While I have never been any

While I have never been any great Microsoft fan, the fact of the matter is that Jerry Yang's youthfulness and experience has caught up with him and he has been caught napping. This is so clearly demonstrated that Yahoo position is a shadow of it's former self in the search market.. And Yahoo 's attempts to do a search deal with Google is little more than Jerry admitting that they have been overtaken left way behind.

Jerry's rejection of the significantly improved MS offer in the way he did demonstrates his complete lack of understanding of his thrashed positon and his youthful lack of commercial experience. I am undecid as to whether the style and manner of his MS rebuff was motivated by an overcooked ego, or greed, or a combo of both. Either way it is unsurprising that Icahn and others want to see their significant investments looked after by someone with an older and wiser head on his or her shoulders.

And anyway, Google is being able to exert something of a monopolistic control on the search market, and anything that has a better of keeping Serge and the G crew honest, is better than the current situation.

I really wish this wouldnt

I really wish this wouldnt go through... Microsoft is gonna mess around wih yahoo far too much,

Yahoo's Future

Well, if Yahoo is bought by these barracudas, this fish will swim away and leave every vestige of the sharks behind. I'm sure there are group sites where I can get the information I need without the need of being part of this nasty lot. Good luck Jerry. Keep fighting.

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