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However, the authors said Microsoft hasn't agreed to entertain a deal, so Icahn may have some selling to do to persuade the software company to give Yahoo a second look.
"We suspect they'll listen - why wouldn't they?" the blog stated, "But we doubt they'll be willing to pay more than US$33 [per share]."
Dana Gardner, an analyst at Interarbor Solutions, said if anyone could take over Yahoo's board, Icahn could.
"In the great world of what ifs, Carl Icahn has been successful in taking over companies. He's made a career of it," Gardner said. And although Icahn might not always win, he knows how to get things done and he has the financial wherewithal to make things happen, he added.
"He's a real mover and shaker when it comes to takeovers," Gardner said. "He probably also sees a very interesting opportunity to make a whole lot of money in a fairly short amount of time, so he must have some inkling that there will be a buyer, either Microsoft or another company, for Yahoo if the Yahoo ownership and its board of directors are willing. Carl Icahn and his team have a great record of getting control of companies and [if they got control of Yahoo] what he'd do with that company would be probably be to sell it to the highest bidder."
According to News.com, Icahn has initiated 18 proxy fights since 1994, including Motorola and Time Warner. Of those, he has won one outright, had eight concessions and one split for a total of 10 wins out of 18 proxy fights.
"Icahn has three decades worth of experience in proxy battles - some he has won, some he has lost, but he certainly knows the drill," said IDC analyst Caroline Dangson in a research note. "Most recently, Icahn was in the news for arguably forcing Motorola to split into two independent companies in order to unlock shareholder value. Time Warner resisted Icahn for a long time but had to agree to a few of his demands in order for Icahn to give up the proxy fight. Another reason Icahn also gave up the fight in this case is because large institutional investors for Time Warner did not back his plan. Of course, Time Warner's board of directors elected to replace CEO Richard Parsons last November."
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CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II 05 October, 2007 06:00:00
For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders. - +
CIO Live Podcast #78: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires 28 September, 2007 17:34:25
For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders. - +
CIO Live Podcast #77: Panasonic Speeds Up Trans-Pacific File Transfers, Part III 21 September, 2007 07:00:00
Part three in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance. - +
CIO Live Podcast #76: Panasonic Speeds Up Trans-Pacific File Transfers, Part II 14 September, 2007 07:00:00
Part two in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance. - +
CIO Live Podcast #75: Panasonic Speeds Up Trans-Pacific File Transfers, Part I 07 September, 2007 07:00:05
Part one in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance.
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Data-center security tools to not overlook 10 October, 2008 11:37:00
With the rise of security suites, it's time to consider some emerging security tools and rethink othersProtecting a corporate data center is like trying to keep an elephant safe from a swarm of flies. Despite your best efforts, bites happen. As the staples of security -- such as firewalls, antivirus software, spam and spyware filters -- come together in suites of products that allow for sophisticated management, there are other security tools either emerging or worth a rethink. - +
IBM, Secret Service, others study identity/cybercrime issues 09 October, 2008 10:09:00
Center for Applied Identity Management Research organization teams experts in criminal justice, financial crime, biometrics, cybercrime and cyberdefense, data protection, homeland security and national defense.IBM, LexisNexis and the Secret Service are among a group of corporations, government agencies and academic institutions that has formed to study and help solve identity management challenges around cybercrime, terrorism and narcotics trafficking. - +
Strange account management at Amazon 09 October, 2008 09:51:00
A careless login led to the discovery of some strange ccount management practices at one of the Internet's largest retailers.Via the RISKS mailing list comes an interesting tale of poor online account management at a major online retailer. According to Graham Bennett, accounts with Amazon display an odd behaviour that doesn't seem to have attracted much attention in the past. - +
Cambridge lab sets quantum key world record 09 October, 2008 07:51:00
Researchers can now shift encryption keys around at speeds of 1Mbps.The hugely promising security technology of Quantum Key Distribution (QKD) has moved an important step closer to commercialization with the announcement by UK-based researchers that they can now shift encryption keys around at speeds of 1Mbps. - +
Palin hacking charge flawed, lawyers say 09 October, 2008 07:28:00
Case considered a misdemeanor offence not a felony.David Kernell is facing five years in prison for allegedly hacking into Alaska Governor Sarah Palin's Yahoo e-mail account, but lawyers watching the case say that the felony charge against him is a bit of a stretch.
F-Secure achieves excellent results in Internet security suite comparison 10 October, 2008 14:37:00
Lock It Up With Maxtor BlackArmour, Hardware Encrypted Storage Provides Government Grade Security For Consumers 10 October, 2008 09:04:00
Pitney Bowes MapInfo Launches New Version of AnySite 10 October, 2008 05:58:00
IOGEAR Gears Up in Australia 09 October, 2008 20:18:00
Internet Service Providers offer new unlimited Online Backup from F-Secure 09 October, 2008 19:42:00
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Optimized Back-up and Recovery for VMWare for VMWare Infrastructure with EMC Avamar
Virtual machines deployed in the data centre must be protected against failure. Read on to find out how to extend data protection to your virtual machines.
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