I have not seen a detailed analysis of how a full hostile takeover might play out -- the kind of analysis that you would be receiving if you were a Microsoft or Yahoo board member.
So I asked a pair of expert corporate attorneys -- Michael Sullivan and Ed Deibert at Howard Rice Nemerovski Canady Falk and Rabkin in San Francisco -- to work up such an analysis. What follows is their take blended with my commentary.
When the going gets weird, the weird turn pro. - Hunter S. Thompson
28 April 2008
If MSFT gets hostile
Marc Andreesen's musings on what happens if Microsoft attempts a hostile takeover of Yahoo are worth reading: