The Deal
Wednesday, November 25, 
7:45 pm

Bartz focusing on Yahoo!, not Icahn

  Share     E-Mail    Discussion    Print Story
icahn,carl glasses125x100.jpgIcahn has bid adieu to Yahoo. Months after publicly battling management to sell the company to Microsoft Corp. (NASDAQ:MSFT), billionaire activist investor Carl Icahn quietly announced his resignation from Yahoo! Inc.'s (NASDAQ:YHOO) board on Friday. The Deal Pipeline (subscription required) has more details on the MSFT-Yahoo! search deal and earnings.

Yahoo! had some honeyed words for the departing activist, with chairman Roy Bostock writing that "Carl has been an important member of our board and has helped us through some significant transitions. We are all grateful for his active role in shaping the future of Yahoo." But AllThingsDigital says the thoughts of Yahoo! execs, such as CEO Carol Bartz (pictured), were much more sour. Bartz has even taken public jabs at Icahn, calling him just another shareholder that did not have the power to fire her. - Baz Hiralal

For more, see Corporate Dealmaker

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: AlixPartners' Steve Deedy on Black Friday, the holiday season and retail bankruptcies.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.