Today’s Best Market Rumors (5/7/2012) Icahn Sells LightSquared
May 7, 2012 by Douglas A. McIntyre
Updated throughout the day on the 24/7 Wall St. Wire.
Carl Icahn sold his stake of troubled broadband company LightSquared (Reuters)
Micron Technology won the right to negotiate exclusively to buy failed Japan chip firm Elpida Memory (Reuters)
Yahoo! may sell much of its stake in Alibaba in a taxable deal (WSJ)
American Air would move more flights to overseas routes as a means to improve profts. (Bloomberg)
Douglas A. McIntyre
