Wednesday, May 14, 2008
A Change in direction?
Everyone knows of the large online site of Yahoo! Many people do not know that the company is falling at a fast rate, even to the point of selling. For the past few months there have been been many offers going in and out for the purchasing of Yahoo but none have been agreed upon. As of right now the infamous Carl Icahn is working to put a new board of directors in for the current one at Yahoo. Icahn bought a total of 50 Million shares yesterday and is now the leading outside investor. This creates the opportunity for anyone to speculate as to what may come from the changing of Yahoo. Look into the company and research the statistics to see the possible outcomes...after all, if played correctly this deal could end up being extremely profitable.
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