[Reuters] Yahoo shares soar as Yang agrees to quit CEO post

Posted by: UGN Security

[Reuters] Yahoo shares soar as Yang agrees to quit CEO post - 11/18/08 08:36 AM

SAN FRANCISCO (Reuters) - Shares of Yahoo Inc soared nearly 15 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.