Sunday, August 03, 2008

Yahoo! Received 85% Vote in its Favour On AGM

On last Friday's annual general meeting, Yahoo! received 85% vote in Jerry Yang's favour. This vote is particularly important because it represents shareholders' vote of confidence towards CEO Jerry Yang's decision to not sell Yahoo! to rival Microsoft.

Yahoo board wins solid shareholder backing in vote
http://www.reuters.com/article/ousiv/idUSN0151894020080803

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