Microsoft's gamble that Yahoo investors will support their takeover of the search engine may already be backfiring. According to published reports, Legg Mason, Yahoo's second largest investor is standing behind Yahoo in its efforts to fend off Microsoft.
Recently, Microsoft gave Yahoo an ultimatum to accept its offer or face a hostile takeover. Yahoo has been trying to demonstrate its value by releasing 3 year revenue projections and announcing details about its forthcoming AMP advertising platform.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!