Ain't what it used to be. In a no-brainer, even for a brainwashed Yahoo board, CEO Jerry Yang has been given the boot.
So, is Microsoft interested again? Actually, I'll take Steve Ballmer pretty much at his word and say, "perhaps."
First, the poison pill on layoffs that Yang got passed will have to go bye-bye. Yahoo won't get more than a seat or two on an enlarged Microsoft board. And, Yahoo will have to accept that Microslob will jettison parts of the company to satisfy regulators, too.
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