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10Million Yahoo Shares Sold By Frustrated Investor: Report

     
3:53 pm on Jul 29, 2008 (gmt 0)

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10Million Yahoo Shares [biz.yahoo.com]Sold By Frustrated Investor: Report
Billionaire oil investor T. Boone Pickens has sold his entire stake of Yahoo Inc shares in frustration over its failure to reach a deal with Microsoft Corp, the San Francisco Chronicle reported on Tuesday.

"I think that Yahoo management was pathetic," Pickens was quoted as saying to the San Francisco Chronicle's editorial board. He sold his entire holdings at a loss, the report said.