Source: Yahoo
With Yahoo’s CEO Jerry Yang on the way out (see: Yahoo CEO Yang to step down) it looks like things are still shaking at Yahoo! after the botched Microsoft deal back in July. Doing a little reading on the subject after reading about Yang’s move in Yahoo (he will still maintain ties to Yahoo - see link “Yahoo CEO Yang to step down” for more detail) I can’t help but wonder if there is more shaking going on in Yahoo than may be making news, for example the attempted takeover by shareholders. If shareholders are trying to take over Yahoo, I suppose that’s not a good thing, or maybe it is. However, on the outside there are attempts at takeovers also, in the form of (Microsoft) buy outs.
Eric Jackson, an “activist Yahoo shareholder” is quoted as saying “I would expect Microsoft to come back within the next three or four months…” and on one hand I’d say of course Microsoft would step in and court Yahoo! again after a change in leadership, on the other hand I wonder if maybe buying a ship with publicized mutineers might be a bad investment. Who wants to buy a company, bulk up and make it better only to have its shareholders later try to take that company over? On the other hand Microsoft has the bucks to buy enough shares to become a major shareholder to the effect where any such ideas may be a thing of the past. Or maybe I have too simplistic view of the situation. No matter the outcome, its a rather fun ride - unless you are financially tied to Yahoo!
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Tags: yahoo
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