Wall Street Wonderland

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Wednesday, June 04, 2008

Icahn Wants Yang's Head On A Platter

The wrath of Icahn! Carl Icahn is stepping up his rhetoric against Yahoo Inc., saying he will seek to remove Chief Executive Jerry Yang if the activist investor's bid for board control is successful.

Meanwhile, members of Yahoo's board met Tuesday, according to a person familiar with the matter. Yahoo is discussing possible partnerships with Microsoft Corp., which formally withdrew its offer to acquire the company on May 3, and is also in talks with Google Inc. about a possible search-outsourcing deal, people familiar with the talks have said.

Mr. Icahn in an interview accused Mr. Yang and the company's board of being disingenuous ...

http://online.wsj.com/article/SB121251736489942015.html?mod=2_1359_topbox

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