TITLE

Microsoft pushes on with Yahoo bid

PUB. DATE
March 2008
SOURCE
CED;Mar2008, Vol. 34 Issue 3, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the issue about the extended offer given by Microsoft to purchase Yahoo in the U.S. Microsoft's $44.6 billion purchase proposal was rejected by Yahoo, saying that the $31-per-share was too low. Microsoft says the company reserves the right to pursue all necessary steps to ensure that Yahoo's shareholders are provided with opportunity to realize the value of the proposal. It is reported that Microsoft has hired Innisfree M&A Inc. to help oust Yahoo's 10-member board.
ACCESSION #
31123079

 

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