Wednesday, June 4, 2008

Icahn takes to TV - Updated

In a somewhat uncharacteristic move, Carl Icahn has took his case for a Yahoo! takeover directly to shareholders and the investment community on television earlier tonight.

Icahn appeared first on CNBC's Fast Money and then on Fox Business News.

The CNBC panel quickly embraced the somewhat rare phone call from Icahn and started firing questions.

Is he 'chatting' directly with Yahoo - Yes
Where should the buyout price be - probably Mid 30's
Who should buy the company - Microsoft

In after hours trading Yahoo! (NasdaqGS: YHOO) shares were trading up at $26.96 at 5:38 PM ET.

Fox Business Channel

Update: Replays on the interviews have been posted to the websites above.