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Re:Yahoo to cut 15 percent jobs, close several units by prostoalex on Monday February 01, 2016 @09:12PM (#11017263)
Sure, so what does Yahoo's corporate by-laws or S-1 say?

The problem is that they already sold shares on the premise of being a for-profit entity extracting values to their shareholders.

They could have become an employee-owned co-op or a non-profit entity like Wikimedia or Craigslist, but at some point they chose not to.

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