CORPORATE RAIDER Carl Icahn and convicted monopolist Microsoft have asked Yahoo shareholders to vote out Yahoo's board and install Icahn's proposed slate of replacements.
Icahn said in a statement released early Monday, "Steve [Ballmer] made it clear to me that if a new board were elected, he would be interested in discussing a major transaction with Yahoo!, such as either a transaction to purchase the 'Search' function with large financial guarantees or, in the alternative, purchasing the whole company."
Vole confirmed Icahn's statement practically word for word. In early morning trading, Yahoo shares rose 9.37 per cent to $23.35 on the news. µ
'Some of us like the misery'
That'll surely affect its credit score