Yahoo/Microsoft: Who’s the Bigger Loser?

Sending Microsoft (MSFT) packing will cause Yahoo's (YHOO) stock to plummet and irritate investors. This is a rich seam for dissidents to tap. It will have to step quickly, as it probably has about ten days to pick a new slate of directors.

The breakingviews article can be found here.

• • •

Investors cheered the software giant’s abandoning Yahoo. Yet damage has been done. Microsoft is worth C$24 billion less than before it bid, reflecting concerns about its business model that were highlighted by the deal - and a fear it may try again.

The breakingviews article can be found here.