Getting your player ready...
SAN FRANCISCO — Outraged by new details about Yahoo Inc.’s efforts to complicate Microsoft Corp.’s takeover bid, activist investor Carl Icahn says he believes Yahoo’s board will have to be fired to lure Microsoft back to the bargaining table.
Icahn asserted in a Tuesday interview with The Wall Street Journal that Microsoft is unlikely to renew its courtship as long as Yahoo chief executive Jerry Yang and the company’s eight other directors remain on the job.
“I’m very cynical about many of the boards and CEOs in this country, but even I am amazed at the lengths that Jerry Yang and the board went to entrench themselves in this situation,” Icahn told The Journal.
