On Friday, the governing board of Yahoo won a strong endorsement by its shareholders at its annual meeting. Jerry Yang, CEO of the company, received 85 percent of the votes in his favor. Investors, who have nearly 76 percent of Yahoo shares with a value of 1.38 billion dollars, gave solid votes in favor of the 9 components of the current Board, which represents an endorsement of the current position of Yahoo against a merger or partial sale to Microsoft.