isn't having any of Steve Ballmer
's thuggery. Miller, speaking with Kevin Delaney in Wednesday's WSJ FundTrack
, said that Legg Mason
is prepared to back Yahoo
in its efforts to remain independent from Microsoft
. Legg Mason is the second largest shareholder of Yahoo, holding a 7 percent stake. Delaney mused that Miller's support for Yahoo could play a significant role in the coming battle.
The Yahoo Microsoft standoff, which began February 1, started getting nasty last Saturday. Microsoft's chief executive Steve Ballmer said in a letter that Yahoo has three weeks to accept the current Microsoft bid before his company goes hostile.
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