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Story: Yahoo may be duty-bound to accept Microsoft bid
No win situation for the employees.
I once worked for a company who's US shareholders took them to court for announcing a final dividend down on previous estimates due to a far east recession. The US court upheld the shareholder complaints meaning that the R&D and investment budget went into dividends instead. Luckily the idiots shot themselves in the foot as the lack of investment caused buyers to move to alternatives, forcing the company to sell it's only profitable subsiduary at a giveaway to meet the new shareholder demands. For some reason no one wanted to buy the loss making bits left and the company crashed, hopefully taking the shareholders investments with it.
Good luck to the Yahoos as they will no doubt be the ones to suffer.
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