Once again, yahoo has proudly declined an offer.  This time the offer was quite gruff, telling yahoo that they don’t have a chance in doing better, so they may as well accept the offer. 

In my opinion, Microsoft does not believe you will ever sell the entire company on a friendly basis. So why don’t you stop dancing around the subject and publicly offer to sell the company to Microsoft for $34.375 per share and promise to cooperate completely?,” Icahn wrote to Yahoo! Chairman Roy Bostock

It seems like Icahn woke up on the wrong side of Microsoft’s checkbook!

I guess it really is true that some people are just professional board members

ICAHN VIDEOS here!