Monday, July 21, 2008
Doing the Math: Who Won in the Yahoo-Icahn Truce?
A source close to Yahoo’s thinking emailed and declared that BoomTown was misinformed and ignorant of the insider mechanics of high-level corporate wrangling when I suggested in a post earlier today that the settlement between Yahoo and Carl Icahn was perhaps not the time to break out the bubbly.
You know, because Yahoo’s stock is still moribund, morale is still low, Microsoft is still looming and the economy is still tanking.
Other than that, Yahoo sources wanted to let me know the Icahn truce was a win.
And that is absolutely true, technically speaking.
