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bakedjake - 1:35 pm on Feb 25, 2008 (gmt 0)
Well, they are the owners of the company. If I was a Yahoo shareholder, I'd be pissed too. BTW - the bid wasn't hostile, it was unsolicited. There's quite a bit of difference there. The word "hostile" came only from Google.
So they're trying to tie Yahoo's hands, essentially trying to prevent them from making any effort to thwart a hostile takeover.