Linked by Thom Holwerda on Sun 18th May 2008 20:42 UTC
When Microsoft said it withdrew its offer to buy Yahoo earlier this month, many people figured the acquisition dance was far from over - that the withdrawal and the subsequent letter from Microsoft CEO Steve Ballmer to his Yahoo counterpart were nothing more than a move in an ongoing strategic battle. It appears those people were right, as Microsoft just issued a statement regarding Yahoo.
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RE: Comment by sonic2000gr
by elsewhere on Sun 18th May 2008 21:54
in reply to "Comment by sonic2000gr"
Member since:2005-07-13
If there could ever be a prize for the more vague and puzzling business announcement, this one would win hands down. This Microsoft-Yahoo dance is becoming a mystery.
MS is just stirring the pot after Carl Icahn announced he may seek a proxy battle, and probably hoping that he gains enough shareholder support to place his own slate for the board of directors. They're basically dangling a carrot, is my guess, without actually committing to anything.
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Member since:
2007-05-20
If there could ever be a prize for the more vague and puzzling business announcement, this one would win hands down. This Microsoft-Yahoo dance is becoming a mystery.