Carl Icahn To Buyout Yahoo?

by Heather

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Recently Microsoft abandoned their bid to buyout Yahoo, but it doesn’t appear as if the fight for the internet company is over quite yet.

According to reports, Carl Icahn has swooped in and purchased 50 million shares of Yahoo stock and it’s believed Icahn is planning a proxy fight to oust the current Board of Directors at the company.

By taking such a large position, Icahn could force the company into a deal with another internet company like AOL or Microsoft. Or there’s always the option of teaming up with Google to deliver advertising to their portal visitors.

No matter how you look at it, Jerry Yang better prepare for a fight. Carl Icahn is one tough cookie.

What are your thoughts on Yahoo? Who would they best “integrate” with online?

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