Comments on: Icahn To Destroy Two Companies http://www.belshe.com/2008/06/05/icahn-to-destroy-two-companies/ Mon, 01 Dec 2008 18:58:35 +0000 http://wordpress.org/?v=2.5.1 By: Herschel http://www.belshe.com/2008/06/05/icahn-to-destroy-two-companies/#comment-29699 Herschel Thu, 05 Jun 2008 18:56:18 +0000 http://www.belshe.com/2008/06/05/icahn-to-destroy-two-companies/#comment-29699 I think Icahn has about a 5% controlling interest in Yahoo so it is in his best interest to maximize the value of the stock so he can make money -- that's his business model. I don't think he cares if the merger is good for Microsoft or Yahoo in the long term. But as a Microsoft investor (very tiny investor) I don't think it is worth 40 billion to buy Yahoo. But, I'm not Stevie B or the M$ board, and therefore, I don't really have the big picture. It will be interesting to see where this goes. Google has such a big head start on online advertising that I'm not sure if they can be caught now. I think Icahn has about a 5% controlling interest in Yahoo so it is in his best interest to maximize the value of the stock so he can make money — that’s his business model. I don’t think he cares if the merger is good for Microsoft or Yahoo in the long term.

But as a Microsoft investor (very tiny investor) I don’t think it is worth 40 billion to buy Yahoo. But, I’m not Stevie B or the M$ board, and therefore, I don’t really have the big picture.

It will be interesting to see where this goes. Google has such a big head start on online advertising that I’m not sure if they can be caught now.

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