Washington - Internet services company Yahoo is in the middle of a massive transformation but will soon see results, CEO Jerry Yang told investors at an annual meeting Friday.
Yahoo executives tried to placate investors who were upset about the failed merger with Microsoft, saying the company acted in the interest of shareholders.
Yang, who was facing investors at his first annual meeting as CEO, has been under pressure after spurning a 47.
5-billion-dollar buyout offer from Microsoft.
Created by: jodreb543 | Created at: 08:24 AM - July 5, 2009
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