Microsoft’s unfriendly, slow-motion effort to take over Yahoo may ironically be riskiest for the pioneering Internet company.
Yahoo chief Jerry Yang hasn’t yet pulled an ace out of his pocket to get a higher bid than Microsoft’s. Meanwhile, Yang’s problems are mounting. At least seven shareholder groups have filed suits against Yahoo for shunning Microsoft’s $44.6 billion offer, which works out to $31 a share.
full story/source
Yahoo chief Jerry Yang hasn’t yet pulled an ace out of his pocket to get a higher bid than Microsoft’s. Meanwhile, Yang’s problems are mounting. At least seven shareholder groups have filed suits against Yahoo for shunning Microsoft’s $44.6 billion offer, which works out to $31 a share.
full story/source
