Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Ways To Play: Microsoft, Carl Icahn Tag Team


Strengthen your portfolio in good times and bad.

According to Bloomberg, Microsoft (MSFT) said it may renew takeover talks with Yahoo (YHOO) if investors back Carl Icahn's plan to oust CEO Jerry Yang as well as the rest of Yahoo's board.

Icahn, who controls about 69 million Yahoo shares, has been in talks for the past week with Microsoft. The billionaire investor says both companies need to combine to compete with Google (GOOG), and Microsoft has indicated it may buy Yahoo's search business or the whole company. Icahn has already received the backing from other major holders such as oil man T. Boone Pickens and hedge-fund manager John Paulson.

Yahoo shares rose the most since February 1, when Microsoft originally disclosed its intentions to take over the company. Yahoo shareholders will vote on a decision next month.

From the Bull Pen: Professor Sean Udall followed up on the Buzz today regarding his Yahoo stake. He felt compelled to take a portion of the position off after today's nearly 12% pop with August 25 calls written on the remaining portion.

From the Bear Cave: Google might seem like the better downside play. Should the stock fill in its gap, the $450 level would be next in play.
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos