Sigh. Im getting too tired of the ugliness to try to wade through and pluck out the good parts, but heres the gist of the interchange:

ICAHN: Liar, liar, pants on fire. The employee retention plan is a walkout and a poison pill; sell to Microsoft for $34.375/share or Ill do it myself.

YAHOO: Nuh uh, youre the liar. Why should we be the ones to come crawling back to them, anyway?

If you want to read the full texts of the letters yourself, dont say I didnt warn you. (Oh, and Yahoos letter is shorter.)

Before round three starts next week, Ill add my own letter to the fray.

Dear Yahoo and Mr. Icahn,

Were all writing letters these days, and that seems to be the only way to communicate with you guys, so Ill give it a shot. Here we go:

STOP IT.

No, seriously, STOP IT. Neither your letters from earlier in the week nor round two of your missives today has helped anything. Its quite a while until the August 1 shareholder meeting, and youre just making the situation uglier and yourselves look even worse. Go to your respective rooms and remember, if you cant say anything nice, SHUT UP ALREADY.

Love,
Jordan

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