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Monday, November 9th, 2009

Icahn Receives Support On Yahoo! Proxy Battle

May 21, 2008 by Mark  
Filed under Leadership

Icahn Receives Support On Yahoo! Proxy Battle

Not that he needed the help but…
Another Hedge Fund Backing Icahn on Yahoo
“Third Point LLC, a $5.7 billion hedge fund headed by activist Dan Loeb, has recently accumulated a stake of over 5 million shares in Yahoo Inc and is supporting investor Carl Icahn’s proxy battle, a source familiar with the matter said on Tuesday.”
The article also mentioned that Third Point will probably be looking to increase their share stake to 10 million.
That’s not all;
Another investor said he was backing Icahn. Oil investor T. Boone Pickens told broadcaster CNBC he has acquired 10 million shares in Yahoo, saying: “(Icahn) jumps …read more

You Can Fool Some Of The People – But Not This Guy

May 13, 2008 by Mark  
Filed under Leadership

You Can Fool Some Of The People – But Not This Guy

Carl Icahn… on 60 Minutes
“Intimidating, relentless and rich. That, in a nutshell, is Carl Icahn. His investment strategy is simple: find a company he thinks is poorly run and then start buying up shares of its stock. Then, start agitating until changes are made. Along the way, the companies he chooses generally start improving, improving his bottom line over and over.”
It’s being passed around that Icahn is about to launch a shareholder revolt to force Yahoo’s board of directors out of the company to replace them with others who would favor the takeover by Microsoft. I guess when you buy …read more

Whoa! Hey – How Does This Work?

February 4, 2008 by Mark  
Filed under Leadership

Whoa! Hey – How Does This Work?

Everyone is calling Microsoft’s takeover bid “hostile.” Despite my not seeing it that way and excited at all the possibilities, I still cannot wrap my head around this;
Another Potential Deal For Yahoo!s Chairman
No, not the obvious – how many items are on Roy Bostock’s plate, this -
“It’s also worth mentioning that Mr. Bostock’s other board appointment may provide some deal-making guidance to Yahoo and Northwest as well. He also serves as a director at Morgan Stanley, a position he obtained in part through his friend, fellow Duke University alumnus and golfing buddy, John J. Mack.
And to bring things coming full …read more

Microsoft Yahoo! Makes Perfect Sense

February 1, 2008 by Mark  
Filed under Leadership

Microsoft Yahoo! Makes Perfect Sense

The proposed merger of Microsoft and Yahoo! makes perfect business sense, to me, but what do I know?
I like the idea of the combination of teams of hard-working, extremely intelligent people. I like the idea of instantly conjuring up major competition to Google. Not that I dislike Google… I believe that competition drives people into new and far better innovations.
Mergers like this ought to make dreams of a new century of technology truly come true!
I consider that Google is already competition for the likes of AT&T, Verizon, Comcast, to name a few. Competition for the “bad guys!” Google has …read more


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