Jerry Yang To Step Down

After reading this article about Jerry Yang stepping down as CEO of Yahoo, I was not surprised at all. He may have his reasons for not accepting Microsoft’s offer to buy Yahoo at a certain amount per share but a lot of investors were pissed that he did not accept it. The news said that there is no candidate yet to succeed him although they are looking at a few of their board members. Microsoft was expected to renegotiate with Yahoo still but so far there has still been no news about it. They probably might after a new CEO is named for Yahoo. Hmm …

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