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How on earth did they negotiate such a massive cash grab? They seem to have little or no leverage, being Yahoo, and this sort of contract is not very common. Fo
by 65827 10y ago
How on earth did they negotiate such a massive cash grab? They seem to have little or no leverage, being Yahoo, and this sort of contract is not very common. Four years? Don't think I've ever seen that.
- tyingq 10y agoI don't think Verizon specifically agreed to it. It is just that "change of control" severance was already committed to employees in a way that a buyer couldn't undo it. Like this: http://www.wikinvest.com/stock/Yahoo!_(YHOO)/Change_Control_Severance_Benefits http://www.wikinvest.com/stock/Yahoo!_(YHOO)/Change_Control_...