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Yahoo! Microsoft Face Off
By Kimberly Bock | April 7, 2008
It looks like Yahoo! is standing their ground.
They promptly responded to Microsoft’s aggression..
“[W]e 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, and on terms that provide certainty to our stockholders .”
They concluded by expressing their confidence in their stackholders..
“We are confident that our stockholders understand that our independent Board is best positioned to objectively and knowledgeably evaluate our Company’s alternatives and to maximize value.“
Tags: yahoo, microsoft, controversy
Topics: Controversy |