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Yahoo - law Suit by Investors ?

/pd [PersonRank 10]

Wednesday, February 13, 2008
12 years ago2,464 views

This is the first signs of pressure ..

" Wayne County Employee's Retirement System of Michigan, which owns about 13,600 shares of Yahoo, filed the lawsuit Monday in Delaware Chancery Court. The suit asks the court to force Yahoo to consider takeover offers."

informationweek.com/story/show ...

Stephen Tordoff [PersonRank 10]

12 years ago #

Surely they did consider the offer, and decided to reject it?

/pd [PersonRank 10]

12 years ago #

they are suing the board for not make a due diligence process..or something like that.. in short they are suing because , they cant make the $$$ for the net worth investment with YHOO.

if you look carefully, you will also see a classs action suit being prep'ed

sfgate.com/cgi-bin/blogs/sfgat ...

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