usbworks

Icahn Rallying Shareholders to Oust Yahoo's Yang

Erick, is there a difference in owning 4% and controlling 4%? I had understood that Icahn had not actually bought the 50 million shares. Are you saying that he's exercised his call options? While we're at it, do you know if he still owns the initial 10 million shares he bought and rode up to $27.50? I'm just wandering if the old fox hasn't already cashed out to fund the cost of the options.