news bulletin – answers

Icahn gets Yahoo seat

questions

1. Who is Carl Icahn? a ‘billionaire shareholder activist’
2. What have ‘the sides’ avoided with the settlement? ‘a potentially nasty battle’
3. What would the battle have done? unseated the entire Yahoo board
4. What did Icahn want Yahoo to do? sell itself to Microsoft
5. Will this happen? possibly not, ‘ seems much less likely’
6. How are things at Bank of America? not as bad as feared
7. What did investment banking help offset? a jump in bad loans
8. What ‘acquisition’ has the bank made? Countrywide loans company
9. What is Batman? the new super, duper hero
10. How much did the film take in the first 3 days of U.S. ticket sales? $155.3 million U.S.