Yahoo Wants More Money — Again

by admin April 7, 2008 at 4:50 pm

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.

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