Will Icahn Bail from His Yahoo Position? [View article]
Carl is not an investor. He is an extortionist. This how he has made his money with Mick Milkin help.
Yes, he tried to run business: TWA. It went into a bankruptcy and out of business in a hurry.
So, if Carl gets his wish taking over Yahoo with his own money, he will lose his ass. There are not too many buyers for Yahoo especially with cash to pay.
PS In the present financial environment, there are not to many banks with a desire to lend him money for this kind of entertainment.
Will Icahn Bail from His Yahoo Position? [View article]
Yes, he tried to run business: TWA. It went into a bankruptcy and out of business in a hurry.
So, if Carl gets his wish taking over Yahoo with his own money, he will lose his ass. There are not too many buyers for Yahoo especially with cash to pay.
PS
In the present financial environment, there are not to many banks with a desire to lend him money for this kind of entertainment.