Current Event- Yahoo risks shareholder rebellion

Yahoo Chief Executive Jerry Yang is convinced that the company he started in a Silicon Valley trailer 14 years ago is worth more than the $47.5 billion that Microsoft had offered for the Internet pioneer. Now he may only have a few months to convince Wall Street that his rebuff of Microsoft's takeover bid was a smart move -- and if he can't, analysts won't be surprised if Yang is either replaced as CEO or forced to consider accepting a lower offer if Microsoft comes knocking at his door again. I think this is not good for Mr. Yang, because in the future Yahoo and Microsoft might be in the same company. It might be better, but it might be worse, so that's just wait and see then.