Yahoo Wants More Money — Again

Written on April 7, 2008 – 4:50 pm | by GoogleBot |

Yahoo calls Ballmer’s comments “curious”

After sending a letter, which most in the news industry perceived as threatening, Ballmer sent a clear message to Yahoo’s board — prepare to turn over ownership of the company within three weeks, or prepare to be deposed in a proxy battle. Yahoo’s leadership occasionally seemed open to negotiations, having a joint executive meeting between its executives and Microsoft’s last month.

However, Yahoo has more often than not resisted Microsoft’s current advances, since its initial rejection. Microsoft refuses to raise its $44.6B USD offer, while Yahoo states that the offer significantly undervalues the company.

Full article: dailytech.com

Post a Comment

Comment spam protected by SpamBam

About this site

Welcome to Techbeta. Techbeta is a site focussed on tech news, and freeware/open source software for Windows, Mac OS X, Pocket PC and Linux. More

Want to subscribe?

 Subscribe in a reader Or, subscribe via email:
Enter your email address:  
Find entries :