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 Send to email | Carl Icahn To Start Blogging More Now That Yahoo Proxy Fight Over in General |  By Silicon
el 23-Jul-2008 |
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 Now that his proxy fight against Yahoo management is over, Carl Icahn says he's going to become a much more prolific blogger. Next post: lobbing a brick back at the Wall Street Journal over a piece suggesting Yahoo "may come to regret its move" to bring Icahn on the board. Blogs Icahn:
As some of you may have noted there was an article on the front page of the Wall Street Journal today. Within the next few days - I intend to answer it on the blog.
In his latest post, "How I Spent My Weekend," he defends his truce with Jerry & Co. (reached at 5 a.m. Monday morning) and decision to take three board seats rather than press for control of the entire company.
By the end of last week, I realized that although many large shareholders supported me and my slate for the board, they were nervous about having a complete change of control. From prior proxy contest experience, I have discovered that a minority position on the board can be also quite effective.
More upside: Now that it's all over, Icahn says he'll have a lot more time to express his views: "Certain constraints concerning my views about corporate governance have been removed and I intend to communicate more frequently in the near future," he wrote.
Now, we've heard Icahn threaten to blog before, but this time we're inclined to take him a little more seriously. He's only got three votes on the Yahoo board, after all, which means he still needs a bully pulpit to complain, and an unfiltered blog is as good as any.
See Also:
Yahoo's Steve Balmer/Carl Icahn Tab: $36 Million And Counting
Yahoo, Icahn Settle: Carl Gets 3 Seats, Agrees To Shut Up
Yahoo On Icahn: Seriously, Why Would You Ever Trust This Spent, Doddering Old Man?
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| Yahoo: We Will Slay Hedge Fund Wolf Pack in Proxy Fight |  A secret Yahoo (YHOO) source tells the WSJ that Yahoo thinks its shareholders will reject the Icahn proxy fight. Unless Icahn delivers a Microsoft (MSFT) transaction before the July 3 shareholder meeting, we agree.
Moreover, as we've said, we think voting against the Icahn slate in the absence of a deal is the right move: Steve Ballmer is not a moron, and if Icahn decapitates Yahoo's boa [..] Read complete article | | Published 21-May-2008 by Silicon in MSFTYHOO
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| Carl Icahn begins proxy bid for Yahoo |  Yahoo, fresh off the Microsoft rollercoaster, is about to find itself in the midst of yet another takeover bid. Carl Icahn, the world’s 46th richest man, is about to begin a proxy bid for the internet giant. The mogul has nominated a board of 10 people to replace the current Yahoo board of advisers. In [...] [..] Read complete article | | Published 15-May-2008 by Joshua Karp in News
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| Carl Icahn, Angry Blogger! |  As promised (several times) Carl Icahn is finally blogging, via "The Icahn Report".
And boy, is he blogging! There is a lot of copy up there right now -- Carl seems to have taken up M [..] Read complete article | | Published 19-Jun-2008 by Silicon in General
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