The Microsoft and Yahoo merger is still far from over despite failed negotiations between the two companies. Yahoo managed to remain independent and fend off Microsoft’s unsolicited acquisition proposal for no less than three months and now the Sunnyvale Internet giant has to suffer the consequences. Billionaire investor Carl Icahn is mounting nothing short of an all out attack on Yahoo, attempting to replace the Board of Directors that said “no” to the Redmond giant. Icahn, who nominated himself for a seat on a new board of Directors for the Sunnyvale Internet company revealed that he represented a group of shareholders who believed that a bundle between Microsoft and Yahoo would be capable of taking on Google. Read the rest of this entry »

Tags: acquisition, addition, alternative, attack, basis, bid, Billionaire, Board, bundle, Carl Icahn, Chairman., Chief, closing, company, day, Executive, faith, fight, finalize, giant, Google, group, interest, Internet, investor, letter, management, marriage, May, merger, Microsoft, move, nothing, offer, Officer, opine, premium, press, price, proposal, proxy, question, Redmond, Roy Bostock, seat, share, standalone, Steve Ballmer, stock, Sunnyvale, top, transaction, trust, way, Yahoo