Apr 07 2008
Keeping an Eye on the MS/Yahoo! Public Press War
We are now in Q1 earning season as companies are starting to report. Yahoo! has the earnings coming out on April 22nd in just about 2 weeks.
You probably already heard about MS supposedly saying last week that they might not be interested in Yahoo! anymore and maybe will withdraw their offer. This sent shares of Yahoo! tumbling.
Next Mr Ballmer sent this letter to the Yahoo! board giving them 3 weeks to figure things out or else MS will have to play hardball.
This is pretty awesome to see this all play out in public like it is. Reuters is reporting that a letter from Yahoo! to MS will be sent later today standing strong that they are valuable and that MS needs to up their offer in order to be considered.
I will update as things roll in
[…] at the end of last week we saw things start to heat up again with MS giving Yahoo! three weeks to make a decision. Then Yahoo! replying with a letter back […]