Carl Icahn one of the most vocal of Yahoo shareholder has claimed the Yahoo board deliberately “sabotaged” Microsoft’s bid to buy the internet company.

Investor Carl Icahn claimed the board went to “inordinate lengths” to prevent the $47.5bn (£24bn) merger deal with Microsoft going ahead.

Mr Icahn has said he wants to remove the Yahoo board.
But Yahoo disagree with Mr Carl Icahn, saying that it did not agree to Microsoft takeover because it was not in the best interests of its shareholders.

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Tags: bid for yahoo, microsoft, Yahoo

Posted June 5th, 2008 at 9:28 am in category Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.