Top Yahoo Shareholders Could Support Microsoft

[HardOCP News]

Let’s see if we got this right, a bunch of Yahoo shareholders that own a ton of Microsoft stock coincidentally support the company’s buyout efforts. Gee, ya think? Something I don’t think most people knew is that 90 percent of all Yahoo institutional investors also own shares in Microsoft. That might explain why it is not as simple as just saying “yes” or “no” to this deal.

For example, Yahoo's largest investor, Capital Group's Capital Research Global Investors and Capital World Investors, managed 523.6 million shares of Microsoft, compared with 154.8 million shares of Yahoo, as of December 31. And T. Rowe Price, which ranks among Yahoo's top 10 investors, owned 136.5 million shares of Microsoft compared with 22.8 million shares of Yahoo, during the same time period. 90 percent of all Yahoo institutional investors also own shares in Microsoft.

 

[xxGriff]

ok, ya learn something everyday.

kinda seems like an arranged marriage, and a small dispute over dowery now.

 

[TechieSooner]

Seems to me the process of the actual shareholders over riding the board's choice would be a long, difficult, and complicated one...

 

[L33t Masta]

Who doesn't want to support Microsoft? It's the least you can do for the technological marvels they've brought to the world. Go yahoo stockholders!

 

[DEJAL]

The # of shares is completely meaningless.
Let's say I have a 1,000,000 shares in a company where the share price is $.01.

I have a whole $10,000 invested, Wow.

Also, for good or bad, the shareholders own a piece of a company. Not the board, not the
management. If the shareholders think that a deal is good for them, then they should go for it.

If the board doesn' agree, the board may not be the board in the future.