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: M & A Law Prof Blog

Yahoo Shareholder Litigation Settled

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In anticipation of a potential hostile approach by Microsoft last year, Yahoo adopted a "tin parachute" severance plan. The "tin parachute" is a company-wide severance plan that makes payments to employees who lose their job following a change in control....

Full post as published by M & A Law Prof Blog on June 23, 2009 (boomark / email).

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