News Desk
Microsoft's Weekend Bombshell to Yahoo! BoD: Off Come the Gloves!
'It is unfortunate that by choosing not to enter into substantive negotiations with us, you have failed to give due consideration to a transaction that has tremendous benefits for Yahoo!'s shareholders and employees,' thundered Microsoft's Steve Ballmer yesterday in a letter to the Board of Directors of Yahoo! after a two-month lull in which Yahoo! has done nothing whatsoever to encourage Microsoft's $44.6BN uninvited takeover bid for it...and quite a bit to frustrate it.
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#4 |
queZZtion commented on the 6 Apr 2008
Might Yahoo! stock price now recover and he'll have to pay MORE than $31 not less??? |
#3 |
Poker commented on the 6 Apr 2008
Looks like Gates and Ballmer played poker in college; make sure you have the money to back your hand and they have to fold or bluff. |
#2 |
A Bird in the Hand commented on the 6 Apr 2008
So if a deal isn't reached by April 26 MS launches a hostile takeover at a less attractive price? Time to capitulate, Jerry!! |
#1 |
Doooooooown We Go commented on the 6 Apr 2008
Yahoo! already fell 87 cents to $27.49 in extended trading on Friday... |