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New Severance Plan Clears Way For Yahoo Acquisition

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Delaware Chancery Court Judge William B. Chandler III apparently doesn't love the idea of poison pills.  A settlement he approved would make it much less expensive - and therefore much more appealing - for a company to acquire Yahoo.

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Yahoo's shareholders had been

Only people at both Microsoft and Yahoo have given up on the idea of a total acquisition, of course, so it remains to be seen whether this development will affect anything.  It might be that Yahoo decided to give in only because it's no longer threatened.

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