Amidst lots of guess work from the blogosphere about how will Yahoo respond to Microsoft, a letter has been sent out to Microsoft from the Yahoo’s Board of Directors and CEO Jerry Yang. As anticipated by the blogosphere, the letter mentions that: They will not let Microsoft acquire the company at this value Yahoo is [...]
Steve Ballmer, on behalf of Microsoft, has sent out a letter to Yahoo’s Board of Directors to expedite the process of making a decision giving out a three weeks notice for them to decide on the offer or face problems. The main points mentioned in the letter by Ballmer proving that the Microsoft’s offer is [...]
According to Reuters, Alibaba.com is seeking investments to buy out Yahoo’s stake in the company. Yahoo had merged its Chinese operations with Alibaba in 2005 and got a 39% stake in return. The move by Alibaba is an indicator of two facts: Alibaba believes that Microsoft will be able to acquire Yahoo. Alibaba is [...]
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