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Yahoo To Meet With Microsoft Next Week (And AOL) | |
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| Time: 07:07 EST/12:07 GMT | News Source: WinBeta | Posted By: Kenneth van Surksum | ||
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Henry Blodget: At least two decisions were made at Yahoo's board meeting yesterday, say the NYT's Andrew Ross Sorkin and Miguel Helft: Yahoo will meet with both Microsft and Time Warner next week. | ||
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| #1 By 7390 (24.191.94.122) at 4/13/2008 7:29:30 PM |
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Question: what happens to deals that Yahoo makes prior to being taken over by Microsoft? Obviously the current CEO will leave if/when MS takes over. What if he signs some sweet heart deal with google to handle yahoo's advertising befor he leaves.
Is MS obligated to honor that deal? also will he be allowed to join google after he leaves yahoo? |
| #2 By 89249 (64.207.240.90) at 4/14/2008 10:44:24 AM |
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He's motivated by the stock price. MS buying them at a premium > some Google add revenue for him and his stockholders. He'd prob be a bad CEO.
And yes MS would have to honor any contract with that deal unless they only bought assets which they wouldn't. I'm also sure there are going to be non-competes etc. worked into the deals though iono how much MS would care about him going to Google. Granted google is a giant in web advertising but they aren't the Messiah of all things internet that they are made out to be. Don't get me wrong I love the shit outta their services. They just don't make enough ROI off of most of what they have out there. |
| #3 By 1896 (68.153.171.248) at 4/15/2008 4:17:29 PM |
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#1.#2: I am not a lawyer but I know for sure that there are cases where actions undertaken by a Board or CEOs in some situations could be reverted if it could be proven that they were made with special, personal and other, similar intents.
In other words let us say I am the CEO of a company, I know I will be ousted shortly so I maneouvre the board to deliberate a very generous bonus for executives leaving the company; something like this, even after it is approved, could be challenged in court and have good chances to be reverted. Just my opinion of course. |
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