Removing one barrier to a potential Microsoft acquisition of Yahoo, a judge approved a settlement that will roll back a Yahoo employee severance plan that critics described as a poison pill.
March 7 (Bloomberg) — Yahoo Inc. , owner of the second most-popular U.S. Internet search engine, won a judge?s approval of a settlement mandating changes to the company?s severance plan that investors contend will make it easier for Microsoft Corp. or other potential suitors to buy it.
March 6 (Bloomberg) — Yahoo Inc. won a judge?s approval of a settlement mandating changes to the company?s severance plan that investors contend will make it easier for Microsoft Corp. or other potential suitors to buy the owner of the second most- popular U.S. Internet search engine.
A judge in Delaware Chancery Court approved Friday a settlement by Yahoo that makes changes in its severance plan that investors contend would make it easier for Microsoft and other potential suitors to buy the Internet search company.
