Carl Icahn reportedly interested in Yahoo!
Market sources claim that Billionaire investor Carl is increasing his stake in the internet media giant Yahoo now that Microsoft has taken back their acquisition offer.
He might be interested in buying enough shares to try to oust the Yahoo’s board.
News media sources claim that he has bought as many as 50 million Yahoo shares in the recent weeks.
This is good enough to give him a 3.6 percent stake in Yahoo which is struggling to compete against Google in the search and internet advertising market.
Tags: Carl Icahn , Google , Microsoft , Rumors , Yahoo
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