This Looks Bad for Yahoo! Management
There's nothing like a little late Friday afternoon 8-K disclosure. Just casually drop a little note to investors saying: "Whoops, we forgot to tell you that we might have a big legal exposure that could reduce our cash."
That's essentially what happened last Friday with Yahoo! (YHOO), when the company said a Mexican court had ordered it to pay $2.75 billion to a former Mexican yellow-pages partner dating back 10 years....280 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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