Daily Archives: February 16, 2008

Chris Nuttall

Yahoo It’s hardly surprising that Legg Mason is the only major Yahoo shareholder to speak out on Microsoft’s takeover bid thus far – strongly hinting it would be happy to sell if Microsoft raised the price.

It is the only one of the top institutional shareholders in Yahoo without a major stake in Microsoft as well. It can therefore see a clear profit from the deal, while the rest have been buried in silence as they carry out frantic calculations on how much their Microsoft holdings may be hit by buying Yahoo. Read more