Monday, May 05, 2008

After Deal Dies, Yahoo Weighs Its Next Move - New York Times

Remember that $1.5B Microsoft reportedly was prepared to invest in Yahoo! employee retention bonuses, had the acquisition closed?  Perhaps part of the will go to recruiting bonuses instead, for key Yahoo! employees...

The entire board backed Mr. Yang’s desire to reject Microsoft’s offer, said a person involved in the negotiations who was not authorized to speak publicly about the matter. But unhappiness with Mr. Yang could spread through the company’s ranks.

“If the stock drops as far as I think it will, a lot of employees are going to be angry and many key employees could leave,” said a Yahoo executive, who asked to remain anonymous to avoid upsetting his superiors.

After Deal Dies, Yahoo Weighs Its Next Move - New York Times

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