Incremental BloggerLoren's BlogMicrosoft offers $44.6 billion for Yahoo- February 1, 2008 It's been long rumored and now it's finally happened. Microsoft has made a public, unsolicited bid for Yahoo, which you can read in this Microsoft press release. This press release by Yahoo states that the company's "Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo!'s strategic plans and pursue the best course of action to maximize long-term value for shareholders." Of course they have to consider it; they have a fiduciary responsibility to consider..http://journals.tuxreports.com/lch/archives/004571.html |