Saturday, February 16, 2008

Damn if you don't do,...


On the 13 Feb 2008, I read from BT that a group of shareholders has sued Yahoo! Inc asking a judge to force the owner of the world's second-biggest Internet search engine company to fully consider takeover offers after it rejected a US$44.6 billion bid by Microsoft Corp.

So what if Yahoo! Board had accepted the offer, would any other shareholders had sued them for having accepted a too low an offer without thoroughly considering alternative means of enhancing shareholders' value?

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