Yahoo! Shareholders Infuriated Over Yahoo! Rejecting Microsoft Offer
Posted on: 2008-02-12 14:09:59

By Nick Farrell @ The Inquirer

Search outfit Yahoo! is facing a shareholder revolt after rejecting a $44.6 billion takeover bid from Microsoft over the weekend.

Shareholders are already miffed at the way that the board had been running Yahoo! after losing 40 per cent of the value of the company over the last year.

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