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---- Microsofts Backs Icahn's Bid to Boot Yahoo Board


incrediBILL - 11:17 pm on Jul 7, 2008 (gmt 0)


See the whole story on Yahoo News [news.yahoo.com]

Ballmer told Icahn that a big impediment to any Yahoo deal was his concern that the current board could "mismanage" the company while the deal awaits regulatory approval, a process that could take nine months or more, according to Icahn.

IMO it's hard to say at this point if MS is serious or they just want to punish Yahoo's board for holding out.

[edited by: incrediBILL at 11:18 pm (utc) on July 7, 2008]


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