Yahoo CEO facing possible rebellion after spurning Microsoft

**MIG-31** · May 5, 2008, 08:48 AM

SAN FRANCISCO - Yahoo Inc. Chief Executive Jerry Yang is convinced that the company he started in a Silicon Valley trailer 14 years ago is worth more than the $47.5 billion that Microsoft Corp. had offered for the Internet pioneer.

Now he may only have a few months to convince Wall Street that his rebuff of Microsoft's takeover bid was a smart move — and if he can't, analysts won't be surprised if Yang is either replaced as CEO or forced to consider accepting a lower offer if Microsoft comes knocking at his door again.
____________
Source: Yahoo

May 5, 2008, 08:48 AM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,834 Rep Power: 471 System Specs	Yahoo CEO facing possible rebellion after spurning Microsoft SAN FRANCISCO - Yahoo Inc. Chief Executive Jerry Yang is convinced that the company he started in a Silicon Valley trailer 14 years ago is worth more than the $47.5 billion that Microsoft Corp. had offered for the Internet pioneer. Now he may only have a few months to convince Wall Street that his rebuff of Microsoft's takeover bid was a smart move — and if he can't, analysts won't be surprised if Yang is either replaced as CEO or forced to consider accepting a lower offer if Microsoft comes knocking at his door again. ____________ Source: Yahoo __________________ Please Post Your News Submissions Here