Digital Trends
The king is dead, long live the…queen. Yes, after a search, Yahoo has named a woman, Carol Bartz, to replace company co-founder Jerry Yang, who’s stepping down as chief executive after a year of controversy.
It was Yang who turned down Microsoft’s takeover offer of $47.5 billion, worth $33 a share, only to see the price of Yahoo stock tumble to $12. Although Microsoft did return with an offer to buy Yahoo search, no offer has been struck.
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