WSJ: Carl Icahn plans to seek removal of Jerry Yang
Wall Street Journal has reported that Billionaire investor Carl Icahn is planning to seek the removal of Jerry Yang as the CEO of Yahoo if he manages to win the proxy battle against the company.
Icahn is trying to replace the board of the company with his [...]
Carl Icahn reportedly interested in Yahoo!
Market sources claim that Billionaire investor Carl is increasing his stake in the internet media giant Yahoo now that Microsoft has taken back their acquisition offer.
He might be interested in buying enough shares to try to oust the Yahoo’s board.
News media sources claim that he has bought as [...]
Carl Icahn interested in acquiring Circuit City
US based retailing chain Circuit City Stores has said that they are fine with giving access to their books to Blockbuster for reviewing as they have shown interests in acquiring them.
The company added that billionaire investor Carl Icahn is also interested in a possible deal if Blockbuster fails to [...]
The Icahn Report: Carl Icahn The Blogger!
Billionaire investor Carl Icahn is all set to join the blogosphere with his own blog!
He said in a statement: “I think the time has finally come when people are starting to focus on the many abuses in a number of companies in corporate America and the damage they do. [...]
Carl Icahn gets positions in Motorola Board
Mobile phone maker Motorola has finally accepted to place Carl Icahn representative on its board.
The company said that they are now naming Keith Meister, a managing director of Icahn investment funds, to its board of directors.
His placement is as per their agreement with billionaire activist investor Carl Icahn.
Motorola added [...]
Carl Icahn wants access to documents about Motorola cell-phone business
Carl Icahn has said in a statement that he is now seeking a court order to gain access to documents about Motorola’s mobile phone business.
He said: “Over the past 12 months the statements and predictions of Motorola’s management and the board about mobile devices business have [...]
Motorola considering selling off mobile division
Last couple of years has been a struggle for Motorola in the mobile phone business. Nokia and Samsung are increasingly taking over their market share and the company has failed to come up with a successful mobile lineup to replace the Razr range of phones.
The company is now considering a [...]
Oracle rejects $8.2 billion acquisition demand from BEA Systems
Oracle Corp has announced that they are rejecting the offer made by BEA Systems to acquire them for a price tag of USD 8.2 billion.
Oracle has been interested in acquiring BEA but this price was rejected as they believed that the price was impossibly high for the [...]
Investor still believe Motorola should split up
Billionaire investor Carl Icahn has again said in a report that the US based mobile giant Motorola should consider splitting up.
He claims that the mobile phone division of the company itself is worth just around USD 10 billion.
He said in a statement: “We do talk with them periodically. Motorola [...]
