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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.
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?