Posted by: Michael on Sat, Apr 05th, 2008
Microsoft in a letter to Yahoo gave them a three week ultimatum, or Microsoft will go Hostile. Or as our business editor John Obeto puts it Nuclear.
“If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo! board.”
Microsoft is obviously sending a strong message to Yahoo, but one also has to wonder if Microsoft wants to acquire Yahoo before August 1st 2008 when Chinese law could possibly block any merger between the two companies.
Comments: (2)
Anthony on Sat, Apr 05th, 2008 at 05:08 PM
How can China block them? That don’t make sense.
on Sat, Apr 05th, 2008 at 05:48 PM
read the linked NY Times article in the post
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Post Tags: microsoft merger yahoo
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