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Wednesday, May 14, 2008

Time For Carl Iachn To Try His Hand At The Yahoo!/Microsoft Match-up

14yahoo190Seems there may be another twist in the Yahoo!/Microsoft dance.

Carl Icahn is clearly a guy who revels in being in the middle of a muddy battle. The New York Times is reporting that Icahn looks to be pushing for seats on the board of Yahoo in hopes of pressuring the company to restart talks to sell itself to Microsoft.

Icahn may have bought as many as 50 million shares of Yahoo -- worth more than $1 billion -- and is considering a proxy fight according to The Times.

The press calls him an "activist investor." I call him a power junkie who must love the action and intrigue of boardroom battles. His brand reputation is that of someone who likes to agitate for change at some of the nation’s biggest companies. He's taken his brawling behavior to TWA, Time Warner, Oracle and Blockbuster--only to name a few of his prey.

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