Microsoft threatens Yahoo
Posted on April 6, 2008 at 1:43 am.
Filed Under Business |
Microsoft Corp. sent a letter to the Yahoo Board of Directors setting a three-week deadline for moving forward on its more than $40 billion buyout offer, other wise Microsoft will take its case directly to Yahoo shareholders and work to elect a new slate of directors. The letter was signed by Microsoft CEO Steve Ballmer. The bid to buy Yahoo was made in January and announced Feb. 1 for $44.6 billion
microsoft, yahoo
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