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My Profile Holiday Gift Guide Gift ideas & reviews for this holiday season Start Browsing You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Holiday Gift Guide Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Icahn says opposes partial sale of Yahoo Wed Dec 3, 2008 5:32pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] SAN FRANCISCO (Reuters) - Billionaire Carl Icahn opposes selling part of Yahoo to former AOL Chief Executive Jonathan Miller or anyone else because it is undervalued, he told CNBC on Wednesday. "I don't think there is very much to having a partial bid for the company, at least as a large shareholder," Icahn said. Miller, according to a report by the Wall Street Journal, is trying to raise money to buy all or part of the company. That has not been confirmed and the New York Post says he is actually trying to raise money for other purposes. Icahn said he spoke to Miller over the weekend about the possibility of buying Yahoo. "I think the stock is very undervalued," Icahn said. He said the board would have to listen to any offer for a high price, but he is not enthusiastic about a sale. "Right now I would be against that and I pretty much told Jonathan that," Icahn said. He said he had not spoken to others on the Yahoo board, but thought they would agree. Yahoo chief executive Jerry Yang has agreed to resign, under pressure, following the collapse of a possible acquisition by Microsoft Corp and poor performance. Icahn said the company needs a new CEO who is "a hard-nosed, cost-cutting kind of guy. He repeated his view that Yahoo needs to do a deal with Microsoft to share searching. (Reporting by David Lawsky; Editing by Andre Grenon) © Thomson Reuters 2008 All rights reserved Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: Notebook PC weakness seen hurting chipmakers Gameworld Videogames on vacation Videogame makers are designing their consoles with the holiday traveler in mind; making them more of an end destination. Full Article Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. 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