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Yahoo! shareholders thump Yang in the fiduciaries 6. May 2008

Posted by Nerdmaster in : Product News , trackback

Detroit gets nasty

In late February, after Yahoo! famously rejected Microsoft’s initial $44.6bn bid for the company, two share-holding Detroit pension funds filed a class action lawsuit against Jerry Yang and the Yahoo! board, claiming a “breach of fiduciary duties”.

TheRegister

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