Carl Icahn is adding to his reputation as a boardroom bully. In a letter to Yahoo Inc. (YHOO) Chairman Roy Bostock, the billionaire investor threatened to seek control of the board and resuscitate takeover talks with Microsoft Corp. (MSFT).
Jerry Yang, CEO of the world’s number two internet search engine company Yahoo! Inc., is doing his best to put a positive spin on Microsoft’s withdrawal of its bid for Yahoo!
But with Yahoo! stock tanking and rival search engine company Google continuing to out pace Yahoo! the question is whether Yang’s “what doesn’t kill you makes you stronger” is enough to revive the flagging internet giant.
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