The Bear Stearns imbroglio has sucked up much of the attention that would have otherwise been lavished on the Microsoft-Yahoo showdown. Here’s a snippet from that drawa:
One of the next steps in the Microsoft-Yahoo melodrama is for Microsoft to nominate a slate of directors to replace the ones it will try to get fired at Yahoo’s shareholder meeting . . . . The problem? The “word on the street” is that Microsoft can’t find anyone willing to take on the job . . . .
Potential directors are reportedly–and understandably–concerned that the filing of a slate of dissident directors is just a negotiating move by Microsoft, one that isn’t worth destroying Yahoo and Valley relationships for.
An anonymous source, along with a bunch of the commenters, believes this story is “horsefeathers.” Regardless, it is a taste of the fun to come.
Posted by Matt Bodie on March 27, 2008 at 06:46 PM
Comments
Dear Bill:
Give me a pile of money, and I’ll do it gladly.
XOXOXO,
-Paul
P.S. I like krugerrands. Lots and lots of them, please.
Posted by: Paul Gowder | Mar 28, 2008 3:46:29 AM