On Thu, May 15, 2008 at 10:51 AM, Todd Walton <[EMAIL PROTECTED]> wrote: > Text of some-guy-name-Icahn's Letter to Yahoo Board
Open letter to Yahoo shareholder Carl Icahn: Dear Mr Icahn, You say in your letter to Yahoo board member Roy Bostock, "During the past week, a number of shareholders have asked me to lead a proxy fight to attempt to remove the current board and to establish a new board which would attempt to negotiate a successful merger with Microsoft, something that in my opinion the current board has completely botched. I believe that a combination between Microsoft and Yahoo is by far the most sensible path for both companies." Apparently you know how to make money, if you're a billionaire. But I think you might do well to note what the real cost is of the ill will that Microsoft has a skill for generating. Microsoft offered a 70% markup on the price of Yahoo stock, and Yahoo still turned them down. Jerry Yang and the board of Yahoo were willing to risk losing the deal and a tremendous markup on their fortunes. For what? What do you think? I'd turn down three hundred dollars to jump off of a cliff, even though three hundred dollars would mean a lot to me. You're gonna have to give me more than that to do something that will hurt so much. Mr Icahn, Microsoft is doing something wrong if they can offer a company that kind of money and still come up short. Hatred of Microsoft is *very* deep rooted. Please reconsider if allying yourself with Microsoft will really benefit you in the long run. -todd -- [email protected] http://www.kernel-panic.org/cgi-bin/mailman/listinfo/kplug-list
