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Microsoft and Yahoo finally meet
Microsoft Corp. met with Yahoo Inc. to discuss the software maker's unsolicited takeover bid earlier this week. There were no talking about Microsoft raising their offer from 44,6 billion dollars, or 31 dollars per share that Yahoo rejected anyway saying that internet franchise is worth more. Anyway, Microsoft seems to be able to pursue a hostile takeover if Yahoo continues to resist. Also, Microsoft has threatened an attempt to expel Yahoo's 10 directors if it can't broker a friendly takeover.
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Date: March 14, 2008 at 16:49
Author:
Stefania.B
Last post: March 14, 2008 at 16:49
Replies: 0
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