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Icahn Again Skewers Yahoo

'Why did you permit Google to leave you in the dust?' investor asks board

By Harry Kimball,  Newser Staff

Posted Jun 9, 2008 1:18 PM CDT

(Newser) – Investor Carl Icahn broadened his attacks on Yahoo today, targeting not only the recent failure of a Microsoft takeover deal but longtime performance issues, the Wall Street Journal reports. "Why did you permit Google to leave you in the dust?" he wrote to the board.

Icahn, now a major shareholder in Yahoo, is trying to replace the board of directors—and following that, CEO Jerry Yang with a more experienced executive, a model he noted worked well for Google.

Icahn speaks at the World Business Forum in New York.
Icahn speaks at the World Business Forum in New York.   (AP Photo/Mark Lennihan, file)
Why did you permit Google to leave you in the dust? investor Carl Icahn asks Yahoo's board of directors in a letter today.
"Why did you permit Google to leave you in the dust?" investor Carl Icahn asks Yahoo's board of directors in a letter today.   (AP Photo)
Yahoo headquarters in Sunnyvale, Calif.
Yahoo headquarters in Sunnyvale, Calif.   (AP Photo/Paul Sakuma, File)
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