Judge Unseals Yahoo-Microsoft Lawsuit, Scandalous Details Emerge in General
By Silicon el 02-Jun-2008
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The judge in one of those Yahoo-breached-fiduciary-duty- by-rebuffing-Microsoft lawsuits has unsealed a 60-odd page complaint (full report embedded below). It's mostly hearsay, newspaper reports, etc., but there's some fun writing portraying Jerry Yang as the Yahoo shareholder anti-Christ.
Nothing outrageous, but some good details about Yahoo refusing better Microsoft offers in the past and about how even Yahoo's compensation consultants were shocked by the size of Yahoo's change-in-control severance plan.
Some details:
Microsoft Offered $40 For Yahoo in January 2007; Terry Semel Said 'Take a Hike'
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Microsoft Went Public With Offer Because Believed Yahoo Would Not Sell At Any Price
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Yahoo's New CTO, Ari Balogh, Disagreed With Jerry's Decision to Implement Wildly Expensive New Severance Plan To Deter Microsoft
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The Compensation Consulting Firm Hired To Help Yahoo Draft The Severance Plan Said Yahoo's Insistence on 100% Vesting Was "Nuts"
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Email Exchange between Sparks and another Compensia Principal:
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Compensation Consulting Firm Concludes that Microsoft-Blocking Severance Plan Cost Was a "Really Big Number"
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The judge in one of those Yahoo-breached-fiduciary-duty- by-rebuffing-Microsoft lawsuits has unsealed a 60-odd page complaint (full report embedded below). It's mostly hearsay, newspaper r [..] Read complete article
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Also, [..] Read complete article
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By Silicon
The judge in one of those Yahoo-breached-fiduciary-duty- by-rebuffing-Microsoft lawsuits has unsealed a 60-odd page complaint (full report embedded below). It's mostly hearsay, newspaper reports, etc., but there's some fun writing portraying Jerry Yang as the Yahoo shareholder anti-Christ.
+ fotos
Yahoo is trying to conceal large parts of a lawsuit brought against the company by shareholders who say the board should have taken Microsoft's bid, the AP says. The suit, filed in Delaware about [..] 
Take-Two (TTWO) got a reprieve today, but it doesn't have anything to do with EA (ERTS).
A judge threw out parts of a 2006 lawsuit brought by shareholders who said that the company misled t [..] 
Kara Swisher reveals the details of the latest Microsoft/Icahn Yahoo restructuring proposal, the one that Yahoo rejected on Saturday. Here they are:
Microsoft bribes Yaho [..] 
While Microsoft (MSFT) pretends to be earnestly working on the details of a byzantine three-part transaction that will chop up Yahoo (YHOO) and leave Microsoft with its "search business" (what [..] 
UPDATE: We now have more details on Microsoft's latest search offer, and it seems more compelling than Yahoo indicated in its press release on Saturday.
Also, [..] 
Last month we all got a nice taste of Samsung leak love when some initial details about the L870 made the rounds. To refresh your memory, it looks hot. A Symbian slider running the latest version of S60 with a metal face, 3 megapixel camera and a quad band GSM radio (or so we thought). [...] [..] 
