Yahoo! CFO Blake Jorgensen could see his time at the Internet company halt if
Microsoft’s planned boardroom coup goes ahead in the next six weeks.
The search engine company is faced with the tough call of either accepting
the £23bn hostile takeover bid from Bill Gates or enter merger talks, the
The plan to get rid of the current executives came on the back of news that
Yahoo! is considering a tie-up with Internet rival Google, in order to avoid the
takeover from the software giant.
Microsoft executives are believed to have already signed a ‘sledgehammer’
tactic of ousting most of the Yahoo! board in order to force through the deal if
the company does not enter talks or accept the takeover. Microsoft may also
exercise its right as a shareholder to nominate executives of its own choice to
the board, who would then force the company into accepting the takeover.
Last week Jorgensen announced a cut of 1000 jobs.
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If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states