"Yahoo Inc. CEO Jerry Yang rejected the image of his company as "under siege" Wednesday, telling conference goers that executives are rallying to streamline Yahoo's offerings and make it more relevant to consumers and to advertisers.
Yahoo faces the threat of mutiny from shareholders unhappy with the way its board handled a takeover offer from Microsoft Corp. that was ultimately withdrawn this month.
Speaking at The Wall Street Journal's "D: All Things Digital" conference in Carlsbad, California, Yang stood by his handling of the deal and painted a bright future for the Internet pioneer he co-founded."
http://www.msnbc.msn.com/id/24864318/
Yang handled the Microsoft situation well. He avoided a large corporate merger that could result in disaster for us, the consumer. Yahoo! is his baby, and he obviously didn't want it to be eaten up by a big corporation like Microsoft.
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