Fred Business News - Just how serious was Microsoft Corp. about raising its bid to $47.5 billion for slumping Internet pioneer Yahoo Inc.?
The answer is taking on greater importance as more outraged Yahoo holders threaten to sue the company's board - or try to replace the 10 directors -- for the way they responded to Microsoft's sweetened offer.
With shareholders up in arms, Sunnyvale-based Yahoo has been trying to raise doubts about the legitimacy of Microsoft's last bid of $33 a share by pointing out that it wasn't ... more »
