Microsoft CEO Steve Ballmer has sent an email telling Yahoo's board to negotiate, or in three weeks Microsoft will start a proxy contest. Yahoo shareholders would receive a lower offer than US$31 per share.
billso
· 1 year ago
Yahoo blinked! According to Engadget and the New York Times, Yahoo's board understands the company will be sold.
The Yahoo board just wants Microsoft to increase its offer.
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Microsoft CEO Steve Ballmer has sent an email telling Yahoo's board to negotiate, or in three weeks Microsoft will start a proxy contest. Yahoo shareholders would receive a lower offer than US$31 per share.
The Yahoo board just wants Microsoft to increase its offer.