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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

Category: Carl Ichan
May 15, 2008 at 10:29 AM

Microsoft quietly watching as Ichan raids Yahoo

The billionaire financier Carl Ichan today disclosed his 4.4 percent stake in Yahoo and his plans to oust the company’s directors in a bid to take control and sell Yahoo to Microsoft. In his letter to Yahoo, sent 12 days after Microsoft dropped its bid to acquire the company, Ichan writes that Yahoo’s board “acted irrationally and lost the faith of shareholders and Microsoft.”

Microsoft, meanwhile, is quietly watching the scenario unfold.


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