As Carl Icahn Buys More Yahoo Shares, Is It the Sign That a CEO Choice Is Near? [BoomTown]
When everyone else has been selling, it seems Carl Icahn has decided to throw good money after bad--as in nearly $1 billion bad--by buying almost seven million more of Yahoo shares, according to a regulatory filing. Why is he doing it? BoomTown is guessing that the billionaire investor thinks he can recoup some of his massive losses in Yahoo, as Jerry Yang prepares to step down and the board, on which Icahn sits, and names a new leader. That's...
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