Judge OKs Settlement In Yahoo Shareholder Suit 40
narramissic writes "On Friday, Judge William Chandler III of the Delaware Court of Chancery approved a settlement that will roll back a Yahoo employee severance that was implemented by Yahoo's former leaders. Some investors, including the vocal Carl Icahn, described the plan as a poison pill, arguing that the severance payouts would be so expensive that no company would want to acquire Yahoo. The settlement narrows the reasons why employees can quit and receive the severance, removing some of the incentives for them to leave the company in the event of a Yahoo acquisition, whether by Microsoft or some other suitor."
And In Other News... (Score:4, Funny)
And in other news, Yahoo slips further into irrelevance.
Re:And In Other News... (Score:4, Funny)
And in other news, Yahoo slips further into irrelevance.
Yeah, I haven't seen anyone drinking that. At least where I live, people prefer to drink Coke.
Re:Nobody wants... (Score:2, Funny)
Relax. In a year, Yahoo will be like Circuit City, and if you show up early enough at the Big Closeout Event, you'll be able to buy the "You've Got Mail" wave file, along with toilet paper rolls and the portrait of Jerry Yang that he used to whack off to in his private bathroom.