New York Times reported - "Carl C. Icahn told Yahoo on Friday that it should offer to sell the company to Microsoft for $34.375 a share, or about $48.7 billion. In his latest letter to Roy J. Bostock, Yahoo’s chairman, Mr. Icahn said that if Microsoft did not accept the offer “in a friendly and cooperative transaction,” he would push Yahoo to do a deal with Google if he won control of the Yahoo board."
This is a rather interesting development given thaat Jerry Yang and team is admant on holding on Yahoo. First they asked for more money then they had created various poison pills to make a merger too expensive for Microsoft. Something to think about- May Yahoo has a real plan?
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