BREAKING: Microsoft Walking Away From Yahoo Deal, No Hostile - Silicon Alley Insider: "Microsoft (MSFT) is withdrawing its bid for Yahoo (YHOO), people familiar with the matter say. Microsoft will not pursue a hostile proxy battle.
Microsoft raised its bid to $33. Yahoo's board wanted $37 (Jerry Yang and David Filo reportedly wanted $38.)
A letter from Steve Ballmer should be released momentarily."
Saturday, May 3, 2008
BREAKING: Microsoft Walking Away From Yahoo Deal, No Hostile - Silicon Alley Insider
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment