mysaug

On Yahoo/ Microsoft: Jerry Yang Should Be Fired

This is the unfortunate outcome of when a founder can not separate out his interests from the interests of a public company. Yang did not really want to sell at all and used the high price demand to hide this fact. If he took all stock you could look at it as a win-win and not so much a buyout as a merger and YHOO would still be there , such part of a new organizationial structure. If MSFT went to 42 in a year, then YHOO shareholders received 42 if could just wait and hold converted shares.