Apr 7, 2008

Microsoft getting more aggressive with Yahoo

Microsoft still hasn't closed the deal with Yahoo and is getting more and more aggressive. Microsoft wrote to Yahoo that Microsoft wasn't going to increase the bid $44.6 billion and if Yahoo can't see it as fair then Microsoft will be compelled to to take its case "directly to Yahoo's shareholders. Microsoft is giving Yahoo three weeks and if not responded within three weeks then promises to try and start a proxy contest to elect an alternative set of directors to the board.

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