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Using Puts and Calls to control Yahoo

May 22nd, 2008 · No Comments · Geek

Deal Journal – WSJ.com : How Icahn Influences Yahoo Without Buying the Stock
How Icahn Influences Yahoo Without Buying the Stock
Posted by Heidi N. Moore

Carl Icahn is preparing to wage a proxy fight against Yahoo, using 59 million shares as his club. But Icahn doesn’t really own all those shares. He only bought 9.9 million.

How can [...]

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