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Icahn Gets Antitrust Go-ahead For Yahoo Stock Buy

 

U.S. antitrust regulators have given billionaire investor Carl Icahn the go-ahead to purchase large blocks of Yahoo stock, the Federal Trade Commission said on Friday. The FTC, which routinely looks at large stock purchases, said the moves were approved in a listing that it puts out several times a week.

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  • yeah, this is the thing thats fundamentally wrong about capitalism. greedy slimebags like the one trying to make a hostile takeover, are the ones who truly care a rats ass for the customers. yahoo users do not want to be with microsoft, but what do you know ? these greedy stink bugs know better! yahoo shouldnt have taken money from greedy scumbag investors like the one above. i hope he rots in hell.
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  • sunangel
    you know, yahoo has had plenty of opportunities to clean up its act and bring in the rewards the owners have been complaining about for so long. not sure if a microsoft/yahoo gathering will bring about those rewards, but for sure current management was out of touch. time for new blood. after second thought, a sell-off of its brandname and core technologies probably will bring in more for the owners than price microsoft is offering.
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  • ntkeith
    ashokpaiyeah, this is the thing thats fundamentally wrong about capitalism. greedy slimebags like the one trying to make a hostile takeover, are the ones who truly care a rats ass for the customers. yahoo users do not want to be with microsoft, but what do you know ? these greedy stink bugs know better! yahoo shouldnt have taken money from greedy scumbag investors like the one above. i hope he rots in hell.
    The issue here has nothing to do with the customer. When a company decides to make itself public for investment purposes, it then has a duty first and foremost to the stock holder. Yang reacted to the deal with Microsoft with personal feelings, not a business decisions. Icahn wouldn't exist today if not for the failings of CEO's to remain responsible to the share holders that make operating their company possible.

    If you as a Yahoo customer don't like what Yahoo provides, then move on to some else. But all that has transpired here is a business and investment decision, and makes very little impact with the customer. Customers get their vote by choosing who to use for their service. But don't confuse investment and customer rights.
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  • gm0n3y
    I'm just surprised that somebody has enough faith in Yahoo at the moment to put down a large chunk of their own money on them.
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