Tomorrow afternoon Yahoo! is expecting to here it all from angry shareholders at their annual meeting.
The major search giant recently made peace with rogue investor Carl Icahn, but many other shareholders remain angry with managements performance and handling of recent events, primarily those concerning botched deals with Microsoft.
Yahoo’s stocks plunged more than 30% after Jerry Yang spurned the $47.5 Billion offer from Microsoft, a deal that would have netted shareholders $20 billion more than what they expect now.
“The Microsoft negotiations were just the latest example of the negligence by this board,” said Eric Jackson, a Yahoo shareholder who plans to confront Yang during Friday’s meeting. “There is still a lot of anger and frustration among shareholders right now.”
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