Icahn Sees Merit in Yahoo-Google Deal
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SAN FRANCISCO - Stopping short of offering his blessing, financier Carl Icahn said the deal negotiated between Yahoo!(YHOO Quote) and Google(GOOG Quote) last week may have some merit.
Icahn told Reuters in a phone interview Sunday that he is still "extremely disappointed with the Yahoo management" for not being able to negotiate a merger with Microsoft(MSFT Quote) but that the Internet giant's decision to outsource some of its online ads in the U.S. and Canada to Google seems to be better than an alternative deal to sell Yahoo's search business to Microsoft.
Up until Sunday, Icahn had remained unusually quiet in the aftermath of the Yahoo!-Google deal. Previously, he had argued that Yahoo! should sell to Microsoft for $34.375 a share. ...
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