Yahoo! has new investor interest, according to chatter apparently circulating through trading desks. Word is that Pershing Square activist BIll Ackman may be taking a stake in the company after fleeing the disaster that was his investment in J.C. Penney (JCP).
Love that he has had his #$%$ handed to him on Herbalife and JC Penny.. he screwed many over on Ambac ! Good for him.. though he has been an albatross of late with other whales gunning for him, wish he would stay away from the hoo.
No, I don't know about that. He usually doesn't leave that easy. He will probably try to take a stance on something that he doesn't like about yahoo and maybe even go after a board seat and then he will want to get into it with MMayer and it will end up all over market-watch first.