A show of nerves at Yahoo… | footnoted.com
With all the rumors, speculation and well-meaning advice swirling around Yahoo, we weren’t terribly surprised to find some indications that the board and management were getting a little twitchy.
Of course, when corporate titans get twitchy, lawyers usually get busy. And sure enough, Yahoo filed an 8-K on Thursday afternoon disclosing a series of changes to its bylaws, the net effect of which seems to make it harder or less attractive for an outside fund or investor to try to get a representative on the board.
