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Icahn Buys More Yahoo!, Sparking Chatter
For details on this purchase and other insider transactions, see today's Insider Insights chart.
NEW YORK -- In a move likely to fuel speculation over Yahoo!'s (YHOO Quote) search for a new chief executive, activist investor Carl Icahn has bought up close to 7 million additional shares of the Internet company, according to regulatory filings.
Icahn, a billionaire hedge-fund manager who threatened to oust Yahoo's board this summer after it rejected a deal with Microsoft(MSFT Quote), snapped up about $67 million worth of shares over three days this week, according to a filing with the Securities and Exchange Commission. ...
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