Newz Bytez 4/10/08
Yahoo/AOL Merger – F**k Off MS
Theres been some real drama going on between Yahoo and Microsoft lately. Here’s the story thus far:
- Microsoft tries to buyout Yahoo for $44.6 Billion.
- Yahoo rejects Microsofts offer
- Microsoft retailiates by threatening to take their case directly to Yahoos shareholders and even start a proxy battle in which they would elect another set of directors to Yahoo’s board of directors.
- Yahoo still rejects Microsofts offer.
- Yahoo closes in on a deal to buy AOL from TimeWarner, which would counter their declining shares.
We’ll see where it goes from here, but it certainly is an interesting story to follow.
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