I checked, and not only did they sue but they reached a settlement, in Delaware of all places, the state least friendly to these kinds of claims. But the settl

I checked, and not only did they sue but they reached a settlement, in Delaware of all places, the state least friendly to these kinds of claims. But the settlement had nothing to do with Yahoo failing to reach an agreement with Microsoft; it was to weaken a poison pill Yahoo had put into place that meant employees would get expensive severances in the event of a takeover. This kind of financial measure is bread-and-butter for corporate fiduciary law, and it doesn't contradict what I said. https://www.zdnet.com/article/yahoo-settles-shareholder-suit-partially-removes-severance-roadblock/ https://www.zdnet.com/article/yahoo-settles-shareholder-suit...