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Yahoo!’s Board of Directors Responds to Latest Microsoft Letter

At the same time, we have continued to make clear that we are not opposed to a transaction with Microsoft if it is in the best interests of our stockholders. Our position is simply that any transaction must be at a value that fully reflects the value of Yahoo!, including any strategic benefits to Microsoft, [...]

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Category: General

Microsoft Sends Letter to 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 [...]

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Category: General

Microsoft email prepares workers for Yahoo takeover

A Microsoft executive on Friday sent workers an upbeat email outlining a vision of how the software giant expects to take over Yahoo and merge the companies’ cultures and resources.
In a message to employees, Microsoft platform and services division president Kevin Johnson shared “a perspective of the process going forward.”
“We look forward to a constructive [...]

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Category: General