Microsoft Preps For Yahoo Proxy Fight
If Yahoo doesn’t give Microsoft the answer it wants to hear for its takeover bid soon, Microsoft may act to put more amenable directors on Yahoo’s board.
Why spend billions more to sweeten its offer to buy Yahoo, when Microsoft can spend a few million to accomplish the same goal?
The DealBook blog at the New York Times asked this question, and the answer seems to be, “why indeed?”
“Unless Yahoo quickly reverses course and enters into talks, Microsoft would then seek to nominate a slate of directors to Yahoo