Saturday, April 05, 2008

Yahoo: Microsoft Gives Yahoo Deadline on Offer

"Microsoft Corp. sent a letter to the Yahoo Board of Directors Saturday setting a three-week deadline for moving forward on its more than $40 billion buyout offer.
The letter signed by Microsoft CEO Steve Ballmer said Microsoft will take its case directly to Yahoo shareholders and work to elect a new slate of directors, if the board doesn't respond by the deadline by April 26."

2 comments:

Allan said...

Steve Ballmer conducting a religious proxy war would be hugely entertaining spectacle.

Anonymous said...

ballmer is a riot. my thinking is this deal will definetely go through just based on the comptition msft is seeing from goog