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Yahoo faces shareholder ire over failed Microsoft bid

By Dan Nystedt (IDG News Service)
General class-action lawsuit accuses Yahoo of failing to act in the best interest of shareholders in rejecting Microsoft's bid. Two public pension funds from the city of Detroit plan to expand a complaint against Yahoo CEO Jerry Yang and other members of Yahoo's board of directors, saying they failed to act in the best interest of shareholders in rejecting Microsoft's bid to buy Yahoo.

http://www.infoworld.com/article/08/05/06/Yahoo-faces-shareholder-ire-over-Microsoft-bid_1.html

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