http://sfist.com/2008/02/09/who_dares_says.php All comments for Yahoo Dares to Say No to the Great Microsoft en-us 2009 SFist_Brock Tue, 06 Jan 2009 15:45:53 -0800 http://blogs.law.harvard.edu/tech/rss brochtrup@gmail.com brochtrup@gmail.com 60 http://sfist.com/2008/02/09/who_dares_says.php#comment-1288507 http://sfist.com/2008/02/09/who_dares_says.php#comment-1288507 Comments Sun, 10 Feb 2008 05:41:48 -0800 <p>Yahoo's board has to consider all offers and has to think of it's shareholder's interests, it's the law. Therefore they can't reject such an offer out of hand as it would probably be against their fiduciary duty to their shareholder's financial interests. Some Yahoo shareholder's haven't seen a lot of money come their way from their shares. And Yahoo has troubles and needs serious updating. Of course, the game here is to set a price which is just beyond Microsoft's ability to do the deal.</p> http://sfist.com/2008/02/09/who_dares_says.php#comment-1288506 http://sfist.com/2008/02/09/who_dares_says.php#comment-1288506 Comments Sun, 10 Feb 2008 05:41:31 -0800 <p>Yahoo's board has to consider all offers and has to think of it's shareholder's interests, it's the law. Therefore they can't reject such an offer out of hand as it would probably be against their fiduciary duty to their shareholder's financial interests. Some Yahoo shareholder's haven't seen a lot of money come their way from their shares. And Yahoo has troubles and needs serious updating. Of course, the game here is to set a price which is just beyond Microsoft's ability to do the deal.</p>