Sell Yahoo to high bidder, shareholder group says
,----[ Quote ]
| But his group is the first among Yahoo shareholders to speak out publicly
| against the company's expected rejection of Microsoft's offer.
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http://www.reuters.com/article/marketsNews/idUKN1058612320080211?rpc=44
Video here:
http://www.youtube.com/watch?v=5zIUIH8vQQ8
One has to wonder if Microsoft will use shareholders in order to pressure
Yahoo, just like it has already planned (see below). Hostile takeover? A very
recent report showed that many large Yahoo stakeholders are also Microsoft
stakeholders.
Microsoft is about to play dirty, aka "business as usual" at Redmond.
Days ago:
,----[ Quote ]
| Microsoft is threatening to launch a boardroom coup at Yahoo! within six
| ^^^^^^^^^^^^^^^^^^^^^
| weeks if the internet search engine fails to accept its $45 billion (£23
| billion) hostile takeover proposal or start serious merger talks, The Times
| has learned.
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http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3300964.ece?EMC-Bltn=LOXCF1
Options Before Microsoft: Upping Bid; Tender Offer; Hostile Takeover; Pressure
Tactics
,----[ Quote ]
| Hostile board overthrow: This would be the most contentious, and Microsoft
| has indicated its willingness to go through with this if need be: it could
| seek to oust Yahoo's board at its next election; it would have until March 13
| to nominate a new slate of directors. Yahoo has taken "poison pill"
| provisions, and Microsoft have to oust the board to get past these
| provisions.
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http://biz.yahoo.com/paidcontent/080209/1_319741_id.html?.v=1
|
|
