10 Things We Learned from the Microhoo Fallout - Yahoo's Yang Has Major ... Guts (
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6. Yahoo's Yang Has Major ... Guts
As hard as it must have been for Ballmer to walk away, it must have been really hard for Yahoo CEO Jerry Yang to say no to the deal—which was ultimately $33 per share, or a 70 percent premium. Shareholders expressed disgust and outrage in the aftermath of the deal, filing class action lawsuits and airing their gripes in public. Will Yang have the fortitude to soldier on in the coming quarters? Or will pride go before the fall?