Valleywag
For Carl Icahn to earn a quick profit on Yahoo, snatching up 3.5 percent of the company at around $25 a share and then selling to Microsoft at $33, Microsoft executives have to play along. So far they aren't doing so. They've told Icahn they have "moved on" and do not plan to reconsider a Yahoo merger. Meanwhile, sources familiar with the matter — we're guessing Googlers eager to see Icahn's effort kiboshed — tell the Wall Street Journal that a Google-Yahoo search advertising deal, the one that drove Microsoft CEO Steve Ballmer from the negotiating table in the first place, is now "more likely than not."
Ballmer refuses to encourage Icahn's Yahoo raid
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9:00 AM on Thu May 15 2008
By Nicholas Carlson
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