Yahoo board tells Carl Ichan to get stuffed

The BBC and other sources are reporting on the ‘angry rejection’ of the most recent Microsoft / Carl Ichan takeover bid.

“It is ludicrous to think that our board would accept such a proposal,”

Yahoo said in a statement.

“This odd and opportunistic alliance of Microsoft and Carl Icahn has anything but the interests of Yahoo!’s stockholders in mind,” Roy Bostock, chairman of Yahoo, said.

It has been a long drawn out affair, but the idea that you ‘MUST’ sell your company simply because it’s Microsoft offering the money has never quite resonated with me. I don’t get it.


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