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Oct 23 2009

Carl Icahn is Done with Yahoo, Jumps off the Board

Sardar Mohkim Khan 

image thumb56 Carl Icahn is Done with Yahoo, Jumps off the Board

After putting former Yahoo CEO and founder, Jerry Yang, investor Carl Icahn thinks his era of destruction Yahoo reformation is done. The investor thinks its high time he left Yahoo and focused more on other companies where he has made investments in. He started to feature in news regularly last year when Yang had some major issues with the Microsoft deal before Microsoft pulled the wires off it. Those were some really tough times for Yahoo but I guess with Bartz as its CEO and how she has been carrying along with Yahoo Icahn must have realized that his battles would bear no fruits plus the kind of person he is, who just wants to make huge profits on stocks and then walk away, Yahoo just doesn’t provide him with the opportunity anymore. I hope things head on better with Yahoo, though it has lost one of its major investors, but for peace on board, it’s worth it.

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