Welcome to WebmasterWorld Guest from 54.162.139.217

Forum Moderators: bill

Message Too Old, No Replies

Microsoft threatens Yahoo with proxy fight

     
8:04 pm on Apr 5, 2008 (gmt 0)

Junior Member

10+ Year Member

joined:Jan 14, 2005
posts:94
votes: 0


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.
[money.cnn.com...]

9:01 pm on Apr 5, 2008 (gmt 0)

Preferred Member

10+ Year Member

joined:July 25, 2003
posts: 608
votes: 0


Now, this is getting interesting…, sounds like the gloves have come off.