Microsoft Cuts Yahoo! Board Candidates Loose
May 9, 2008, by web proxy. Category: Proxy
In the clearest sign yet that Microsoft Corp. [MSFT] meant what it said when it said it was no longer interested in buying Yahoo! Inc., [YHOO], the software company on Thursday released potential proxy members from their agreements to serve in the event of a hostile takeover battle. In the four days since Microsoft dropped its $47.5 billion offer for Yahoo!, the Internet company’s shares have fallen sharply and then gradually started to rise amid speculation, party fueled by Yahoo! itself, tha
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