Yahoo Holders Losing Patience With Jerry Yang

Filed under Jerry Yang - Yahoo
February 25, 2008 1:54 pm

Darren Bagwell, who helps manage $60 billion at Thrivent Asset Management, is frustrated with Yahoo! Inc. Chief Executive Officer Jerry Yang, the man he says is standing in the way of a payout from Microsoft Corp. Some investors say Yahoo’s board is more focused on scaring off Microsoft than providing the best return. Yahoo last week adopted employee severance plans that would pay as much as two years of salary to fend off the $31-a-share bid.

read the rest published by Bloomberg here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYZ3myX7cqWY

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