Options Before Microsoft: Upping Bid; Tender Offer; Hostile Takeover; Pressure
Tactics
,----[ Quote ]
| Hostile board overthrow: This would be the most contentious, and Microsoft
| has indicated its willingness to go through with this if need be: it could
| seek to oust Yahoo's board at its next election; it would have until March 13
| to nominate a new slate of directors. Yahoo has taken "poison pill"
| provisions, and Microsoft have to oust the board to get past these
| provisions.
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http://biz.yahoo.com/paidcontent/080209/1_319741_id.html?.v=1
Just like vote-rigging for OOXML. Can't win votes or support? Shoot the
opposition.
Related:
Suzy Jagger in New York, Jonathan Richards and Siobhan Kennedy
,----[ Quote ]
| Microsoft is threatening to launch a boardroom coup at Yahoo! within six
| weeks if the internet search engine fails to accept its $45 billion (£23
| billion) hostile takeover proposal or start serious merger talks, The Times
| has learned.
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http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3300964.ece?EMC-Bltn=LOXCF1
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