Jack Flack wondered why Microsoft would send Carl Icahn to deliver a 24-hour ultimatum to Yahoo, and then neither Microsoft nor Icahn would be ready to pop with public statement when the clock ticked down to the deadline, allowing Yahoo to provide the lone explanation of the latest terms of disagreement.
This afternoon's statement from Microsoft provided two clues.
1. Microsoft and Icahn are only barely in sync.
Microsoft, Yahoo and Carl C. Icahn can't even agree on the basic facts about what happened last weekend. No wonder they can't engineer some kind of deal. Read Post
The letters keep flying back and forth between investor Carl Icahn and Yahoo. On Wednesday, Icahn called for Jerry Yang’s head and characterized its employee retention plan as a “poison pill” intended to kill the Microsoft deal. nOn... Read Post