Software Blog

Friday, April 17, 2009

Yahoo three weeks to the time

The computer software company Microsoft acquisition of Yahoo for 40 billion dollars offered to take three weeks to time has decided. And the Microsoft chief executive Officer (CEO) Steve the Yahoo said in a letter to the company Yahoo by April 26 if the director of his company would not respond directly to shareholders' case will take and on January 31 this year by Microsoft to buy Yahoo, but bid for the Board 'low' was rejected by saying. Yahoo also discussed a number of other companies, but any kind of proposal is not accepted. Later that the dialogue is going on in this direction as well as also expressed surprise that Microsoft from Yahoo is not talking.

He said, "Despite this, our proposal is an alternative to your stock holders of the shares is a good price."

He also said, "During these two months to deal with nothing. Services on the Internet though it had no effect and the market economy but has been consistently weak. "

BAMR said that his company at that time in the market price of Yahoo's 62 per cent more than the price proposed to the proposal and the market price of Yahoo is also strong.

He wrote, "We believe that most of your shareholders, and to the assessment within three weeks if no reply comes Microsoft's new board of directors to choose to be straight to the people."

Last month, Yahoo made the assessment in the next three years will cost nearly double.

posted by Hadson @ 8:14 PM