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TheDomains.com

Yahoo Sued over Rejected Microsoft Offer

February 22, 2008 by Michael Berkens

Yahoo and its board of directors have been sued by two Detroit pension funds saying they breached their duties to shareholders in not accepting Microsoft offer of $31 a share.  The attorney’s are also seeking class action status.

Earlier this month, another shareholder, the Wayne County Employees’ Retirement Systems, sued the Yahoo board.

Filed Under: Domain Industry, Publicly Traded Domain Co

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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