Will Carl Icahn crash Yahoo?
Owen Thomas · 05/14/08 02:40PMIn explaining Carl Icahn's raid on Yahoo, pundits bring up his efforts to shake up tech and media giants like Motorola and Time Warner. But I think there's a better analogy in Icahn's past: TWA. Icahn's attempt to gain a board seat or broker a new deal to sell Yahoo to Microsoft will not send Yahoo soaring; if left unchecked, he will run Yahoo into the ground as surely as he did that troubled airline. Icahn's bid, and the support it is drawing from large Yahoo investors, seems premised on the notion that he can bring Microsoft and Yahoo back to the bargaining table. That seems unlikely.