Tuesday February 14, 2012

Yahoo Faces Investor Mutiny as Asia Talks Unravel

Gee, I have no idea why this company is in so much trouble. Every time I hear the name "Yahoo" a picture of seagulls fighting over dumpster scraps pops into my head. And to think they turned down a $40B offer from Microsoft. eek!

Yahoo's hopes for a fresh start under a new CEO faded Tuesday as its closely watched discussions to sell most of its Asian holdings unraveled and a frustrated shareholder announced that he will try to seize four seats on the struggling Internet company's board.

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