Icahn’s Big Yahoo Bet Hinges on Microsoft Sale

Carl Icahn came to town with $4,000 in poker winnings and parlayed that into about $14 billion with a mixed record of corporate takeovers. But he’s seldom made as big a bet as the $1 billion he has on Yahoo. And, arguably, his winning hand can be made by only one card in the deck: a purchase by Microsoft — which has already left the table once.

Original post by Associated Press

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