A Yahoo Board Mutiny
February 18, 2008 by Jason Bean
Filed under Computers
InsideMicrosoft has a post about things not all lovey-dovey and smooth on the Yahoo board. There seems to be some disagreement between Yahoo! CEO and founder Jerry Yang and the board on the refusal of Microsoft’s takeover bid.
I think this is the type of thing that will cause the Microsoft Yahoo! deal to go through in the end.
It’s the type of activity that occurs with this type of bid that labels it a “hostile takeover”. Microsoft doesn’t need to necessarily convince Yang of the deal, they just need to convince the board and the shareholders that deal is in the best interest of Yahoo moving forward.
