How to Know When a CEO Has No Interest in His Shareholders.
Saturday, June 14th, 2008Yahoo and Microsoft have again stopped communicating. After Yahoo has continued to hold out for a share price that is to high for what it is worth, the shares have tumbled from the $26-$27 / share range down into the low $20’s. A far cry from the $33 / share Microsoft had been offering. Not only was Yahoo’s $37 / share asking price to expensive, it also included a very lucrative severance package put in place by Yahoo’s management. Yahoo being back in the low $20’s, around where it was before the Microsoft offer show’s you what investors feel the real value of Yahoo’s share price is worth.
