News broke today that Carl Icahn and his growing group of followers now control roughly 31 percent of Yahoo. Notables in the list include billion dollar hedge fund Third Point, which held 1 million shares in Yahoo as of March 31, and may build a stake of up to 10 million shares in the internet company. Paulson & Co, another hedge fund, disclosed it recently built up a stake of 50 million shares in Yahoo and is supporting Icahn. And lets not forget the growing list of billionaire money celebrities including Boone Pickens and Mark Cuban.
Needless to say, its been an interesting trail of events, especially since Icahn doesn't usea personal computer and Microsoft CEO Steve Ballmer won't take Icahn's phone calls.
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