Only several hours have passed since Carl Icahn delivered his latest set of stipulations to Yahoo in an effort to facilitate a Microsoft takeover, and already Yahoo has sent back a response. The company said quite succinctly:

“Leaving aside Mr. Icahn’s inaccurate interpretation of our retention plan, we again note that he has no credible plan to operate Yahoo!. We believe that Mr. Icahn’s suggestion that we cancel our retention plan would have a destabilizing impact on Yahoo! and would clearly not be in the best interests of our shareholders. Furthermore, his suggestion that we put out a price publicly to see if Microsoft will alter its stated position is ill-advised. As we have stated numerous times publicly and privately, we are open to any transaction including a sale to Microsoft if it is in the best interests of shareholders.”

The points made by Yahoo are to be expected. Yahoo wouldn’t mount more than the basic defense of its retention plan, given the latest scrutiny surrounding the program. And it’s let’s-not-talk-price-out-in-the-open line, particularly when discussing the topic with a party which has repeatedly threatened a proxy fight for control of the company board, seems a natural stance to take. Which essentially make today’s round between Investor and Investee as unsatisfying as air-packed bag of Funyuns. Amusing for a moment or two, but nowhere fast we go.

—
Related Articles at Mashable! - The Social Networking Blog:

The Microsoft-Yahoo Dream/Nightmare Lives On: Billionaire Icahn Makes a Move
Icahn Wants Yang Fired, Microsoft Chuckles Evilly
Pushed By Icahn, Yahoo Jumps Back Into Ad Deal With Google?
More Love Notes: Yahoo Responds to Icahn’s Master Plan
@Yahoo is Twittering: @Microsoft: Sure, We’ll Consider an Alternative
Yahoo Board Member Leaves; First Sign Of Disintegration?
Icahn Announces Plans to Seize Yahoo Board with Help from Mark Cuban

Visit the News Source, Mashable

If you liked this, You might also like:

1. Icahn Talks Angry To Yahoo (Again); Names His Price
2. Updated: What’s a week without Carl Icahn making more noise on the Microshoo front? Yet another letter has been...
3. MICROSOFT: Open Source is a Bigger Threat than Google
4. Speaking at a conference in New York, Microsoft’s chief architect, Ray Ozzie, said open source is a bigger threat to...
5. Yahoo Joining OpenSocial, NYTimes Report
6. The New York Times is reporting that Yahoo May Join Google-Led Social Networking Alliance. In the post from Miguel Helft,...
7. Yahoo Beats Google with PDF Ad Service
8. Yahoo launched beta test of Ads for Adobe PDF - opened for publishers, offering placement and tracking of contextual ads...
9. Yahoo Search and the Semantic Web
10. Yahoo has just announced a concerted effort around their upcoming open search platform to push open web standards including microformats...
11. Yahoo Joins OpenSocial, New Team Creates OpenSocial Foundation
12. Yahoo has announced this morning that they have joined the OpenSocial Movement, created and run by Google. I don't...
13. Yahoo, Google, MySpace form nonprofit OpenSocial Foundation
14. This post was expanded at 10:49 a.m. PDT to add comment from the OpenSocial Foundation conference call. It's like the...
15. Microsoft: Saving face by buying Facebook?
16. Microsoft, we get it: That Yahoo thing fell through, and picking up the pieces can be messy. But according to...
17. Whip Up a Yahoo! Mashup Using PHP [Sitepoint]
18. By Akash Mehta -- So, you want to create your own mashup? Great! Mashups -- web applications that grab...
19. The Barley Board Company
20. Born in the Fall of 2005 "over a dispute of who's longboard was bigger" is Alberta group The Barley...