Great explanation of hostile takeovers
April 28th, 2008
I’ve been watching the Microsoft bid for Yahoo with some interest – one aspect of which is how Yahoo seem to be able to ignore the whole thing. Well Marc Andreesen seems to have been wondering some of what I was but he’s able to ask very smart lawyers to explain it all to him. His summary is really lucid and useful in understanding not only this transaction but is a nice overview of the space (also Marc’s blog is great – it’s something you should be reading)
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