The unprecedented crash of stock markets worldwide has sucked huge amounts of value out of public companies, with some in deep doldrums. Yahoo traded for about $12 a share today, Oct. 10; remember, nearly 10 months ago, Microsoft offered $44.6 billion for Yahoo, or $31 a share. Suddenly, Yahoo is an even better takeover target—better with billionaire Carl Icahn holding several board seats.
Tell a friend
Comments