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Some Yahoo Shareholders To Sell Shares To Highest Bidder

     
6:08 pm on Feb 11, 2008 (gmt 0)

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A dissident group of Yahoo shareholders has started a campaign to sell its shares as a block, breaking ranks with Yahoo as it faces an unsolicited takeover bid from Microsoft.

Some Yahoo Shareholders To Sell Shares To Highest Bidder [iht.com]

7:02 pm on Feb 11, 2008 (gmt 0)

WebmasterWorld Senior Member sem4u is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Eric Jackson, leader of "Yahoo Plan B," an outspoken group of 100 current and former Yahoo employees who own 2.1 million shares, less than one-fifth of 1 percent of the outstanding shares, said Sunday that his group was prepared to negotiate separately with Microsoft or any other bidder.

That is such a small percentage of shareholders. Who is going to listen to them?

 

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