In Yahoo! Revolt arises

Charles Ajkan, trying to replace Internet company Yahoo board of directors! And to achieve its absorption by corporation Microsoft, has got support of other shareholders Yahoo!, including Texas billionaire Buna Pikensa.

After present board of directors Yahoo! Has rejected offer Microsoft on purchase of all company for $44,6 mlrd, that has declared, that refuses absorption attempt. Now, speak informed circles, Microsoft it is ready to purchase business Yahoo!, connected with advertising sale on search portals. Within the limits of this lan Yahoo! Should sell the Asian assets, and Microsoft will receive minoritarnuyu a share in the remained business of the Internet company. Representative Microsoft has refused to make comments on these assumptions.

Last week Aykan has informed, that has acquired 10 million shares Yahoo!, and also call options of 49 million more — in the sum it makes a share in 4,3 %. One of these days Pikens has declared, that too has purchased 10 million shares Yahoo!, seeing, that Aykan combats for places in board of directors. Among other supporters Aykana in this struggle — John Polson from fund Paulson and Co. By data for I quarter, it supervised 50 million shares Yahoo! (3,7 %). The half-dream declares, that will vote on a shareholder meeting for proteges Aykana though hopes, that Microsoft will enter into the agreement on purchase even before voting. WSJ, 21.05.2008, Alexander Silonov, writes the Sheet newspaper


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