great-moments-in-corporate-governance

Yahoo board meets, decides to meet again, consider making a decision

Nicholas Carlson ยท 04/14/08 01:20PM

Yahoo CEO Jerry Yang, chairman Roy Bostock, and the rest of the Yahoo's board met on Friday. After reviewing the company's options โ€” begin negotiations with Microsoft, merge Web properties with AOL, or outsource search advertising to Google โ€” the board went with a perhaps underhyped fourth option. It postponed any decision and decided to meet again, the New York Times reports. Maybe with AOL, Microsoft, or Google representatives at the table. We'll see. Meanwhile, Yahoo executives want reporters to know that Yang should just hurry up and sell to Microsoft. Overlord-welcoming readers, by a margin of 2-to-1, agree.