Yahoo co-founder and former CEO Jerry Yang finally agrees with activist investor Carl Icahn -- time to get rid of Yahoo stock.
Funny thing, though: So have Yahoo's founders David Filo and Jerry Yang. Yang served as CEO during negotiations with Microsoft.
Back then, Yahoo was trading at $33 a share and Microsoft was offering a premium price of $47.5 billion for the company.
Now, Yahoo's shares trade at around $15.
Icahn sold off 63 million of his own shares, and now holds on 12 million.
Yang is putting 3 million shares on the market, while Filo, who acts a senior technology leader within the company, plans to sell 2 million.
So after all this time, and much public criticism of Yang by Icahn, the two can agree on one thing -- dumping their stakes in Yahoo.
Jackson West has no shares of Yahoo to sell, and certainly won't be buying.