Jerry Yang, the co-founder and current most recent Yahoo CEO will be stepping down today… needless, Yahoo will be looking for a new CEO. It’s also expected that the Yahoo share price will increase following it’s dismal performance (and virtual collapse) since the Microsoft offer was re-buffed.
Yang, still sits on the board of Directors for several companies and is still worth over a Billion US$. Here’s more info on Jerry Yang.
Does this mean, the possibility of a Microsoft acquisition is back on the cards? MicroHoo?
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