Yahoo Holders Upset at Microsoft Fallout

May 6, 2008  •  Post A Comment

Some Yahoo shareholders are upset at Chief Executive Jerry Yang for failing to reach an agreement with Microsoft, which offered $33 a share for the company, the Wall Street Journal reported. Yahoo directors failed to be “responsive to the needs of independent shareholders,” the Journal says, citing Capital Research Global Investors portfolio manager Gordon Crawford, whose company owns more than 6% of Yahoo stock.
— Danny King

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