Tag Archives: merger

Microsoft Sends Letter to Yahoo! Board of Directors – 3 Weeks Deadline

Microsoft yesterday (April 5, 2008) sent the following letter to the Yahoo! Board of Directors:

Dear Members of the Board:

It has now been more than two months since we made our proposal to acquire Yahoo! at a 62% premium to its closing price on January 31, 2008, the day prior to our announcement. Our goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction. Despite this, the pace of the last two months has been anything but speedy. Continue reading Microsoft Sends Letter to Yahoo! Board of Directors – 3 Weeks Deadline

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