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Saturday, November 22, 2008
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Carl Icahn lands a seat on the Yahoo board and the story ends

Yahoo will remain an independent company but Carl Icahn will be helping to lead it. The story of the failed sale of Yahoo to Microsoft is officially over, it seems. The enterprise is best served by having multiple strong cloud contenders in the market place building out services and competing for business ... Google, Yahoo and Microsoft. While Microsoft would have benefited from owning Yahoo, the company just posted $60 billion in revenue and can afford to carry a weak online advertising business for a while. Yahoo shareholders may be the only real losers in the deal and maybe, with the pending deal for ad revenue sharing with Google,, they will wind up ok, too.

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