Take a look at this man. If he has his way, he will end up shaping the destiny of two companies with combined worth in excess of several hundred billions of dollars. Billionaire corporate raider Carl Icahn is all set to lock horns with Yahoo executive board and wants to get rid of them. This man is obviously unhappy with the way things have turned out for Yahoo - Microsoft merger and is ready to plyay hardball now.
In plain speak, Carl thinks the internet company totally botched it.
And just how does he plan to bring the change. In an open letter, the billionaire investor has claimed that he has acquired 59 million shares of Yahoo, sounds like a big number but its only 4% of Yahoo’s market capitalization - and has teamed up with other investors to stand for election against the current board.
