Microsoft Sets Deadline for Yahoo!: Three Weeks

Iria · Apr 5, 2008, 10:08 PM

Yesterday the news hit that Microsoft was reconsidering its unsolicited offer for Yahoo!, because the company felt that Yahoo! may have lost value since the offer was first made, in early February.

Saturday Microsoft send a letter to the Yahoo! Board of Directors, setting a deadline of three weeks, or April 26th for an agreement to be made. If an agreement has not been reached by then, Microsoft indicated it would be forced to take the matter directly to the shareholders.
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Source: Tech-Ex

blown503 · Apr 6, 2008, 11:19 AM

OMG. I hope the gov. doesnt let them do this hostile takeover. Microshaft is too big for their own good.

Apr 5, 2008, 10:08 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	Microsoft Sets Deadline for Yahoo!: Three Weeks Yesterday the news hit that Microsoft was reconsidering its unsolicited offer for Yahoo!, because the company felt that Yahoo! may have lost value since the offer was first made, in early February. Saturday Microsoft send a letter to the Yahoo! Board of Directors, setting a deadline of three weeks, or April 26th for an agreement to be made. If an agreement has not been reached by then, Microsoft indicated it would be forced to take the matter directly to the shareholders. _____________ Source: Tech-Ex

Apr 6, 2008, 11:19 AM	#2
blown503 HardwareHeaven Senior Member Join Date: Jan 2003 Location: S. Indiana Posts: 573 Rep Power: 57	OMG. I hope the gov. doesnt let them do this hostile takeover. Microshaft is too big for their own good. __________________