Another Yahoo Bid? Does Anyone Care?
Submitted by Todd Sullivan on Tue, 12/02/2008 - 16:42.
I cannot be the only one tired of hearing about a "potential bid for Yahoo" (NASDAQ:YHOO)
After spurning a $33 a share offer from Microsoft (NASDAQ:MSFT), it looks like a former AOL (NYSE:AOL) head may pick up the company for $23. Shrewd move Yahoo.
Carl Icahn was right when he said the management at Yahoo was "the worst I have ever seen". People should just leave it along and let it falter down to $2 a share. Then somebody can pick it up for pocket change and get rid of the whole lot.
It is the only way shareholders are ever going to see any price appreciation...
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