Microsoft rears head, gives Yahoo 3 weeks to go Quietly
Written by admin on Monday, April 7th, 2008 in Gadgets.
In a recent letter to the Yahoo! board of directors, Steve Ballmer has set an ultimatum upon the company behind the most visited site in the world, according to traffic ranking site Alexa. On January 31 of this year, Microsoft made its $46 billion dollar offer to takeover the Sunnyvale internet giant, which was 62 percent more their market value on that day.
Ballmer, in his letter, was hoping for a “speedy and ultimately friendly transaction.” However, Yahoo! has vehemently resisted the takeover, had declined the hefty offer. Well, Steve “Developer” Ballmer will not be denied, and has stated that he believes the time “is now” for the two companies to carry through with the merger. Thus, Ballmer has given Yahoo!
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