Yang’s Departure Could be Perfect Timing For Another Microsoft Bid
A deal between Microsoft and Yahoo is possible, if Ballmer and company is still interested
A possible deal between Microsoft and Yahoo could take place now that Yahoo CEO and co-founder Jerry Yang announced he will step down once a replacement can be found.
Yang will continue to work at Yahoo, a company he helped co-found, but the company will be in control of someone else. He wished to remain CEO, but Yahoo’s board of directors received too much pressure from stock holders over Yang’s dismal past year of service.
There is a small list of possible candidates who will take over CEO, but UBS analyst Ben Schachter believes Microsoft CEO Steve Ballmer will eventually end up running the company at some point.
Read more: dailytech.com