Daily Archives: July 21, 2008

Richard Waters

Fans of the very public form of corporate theatre practised by Carl Icahn will be disappointed to hear that the garrulous corporate raider has agreed to a gag order as part of his settlement with Yahoo (the condition is revealed in an agreement filed with the SEC late on Monday.) Pity.

Yahoo also used a standstill agreement to tie his hands in other ways, for instance forbidding him to “support, assist or facilitate” any future acquisition attempts by others. Read more