The Los Angeles Times reports, “Yahoo Inc. shareholders are so mad about the company’s failure to cut a deal with Microsoft Corp. that several said they would consider a proxy fight to oust Chief Executive Jerry Yang and Yahoo’s board of directors if that would bring the Seattle suitor back to [...]
Citing unnamed people familiar with the matter, the Wall Street Journal reported early Friday that the world’s largest software maker may be preparing to go straight to Internet pioneer Yahoo’s shareholders. An announcement was “likely” to come Friday, according to the report, though the newspaper said its sources cautioned that Microsoft may delay.
Chief Executive Steve [...]
Most Wall Street analysts believe Microsoft now faces a drawn-out proxy campaign to win its unsolicited takeover of Yahoo!