Microsoft requirement Yahoo 3 its are accepted to purchase proposal inside week

April 6, 2008

Xinhua net new York 5 days of Xiang Yahu gave out Microsoft of electric United States on April 5 ” ultimatum ” , if,say two companies 3 the plan cannot be bought to come to an agreement inside week, microsoft will be direct resort Yahoo investor, drive reelecting Yahoo board of directors.

Microsoft is presiding Steve Baermo wrote apparitor that day Yahoo board of directors says: “If we are in 3 cannot come to an agreement inside week, microsoft will be forced to will buy a plan to refer Yahoo partner directly, include to start dealership contention, reelecting Yahoo board of directors. Reelecting Yahoo board of directors..

Ba Ermo still criticises Yahoo board of directors takes new step, purchase cost in order to raise Microsoft. He says: “Our company put forward to buy the price rich and generously at first, expectation and you are reached friendly trade. If our company are forced to put forward to buy a plan to your partner directly, your value hard to avoid can be affected. Your value hard to avoid can be affected..

Microsoft put forward to change to Yahoo on Feburary 1 reach cash to buy a plan, total prices amounts to 44.6 billion dollar, tower above at that time Yahoo market prise 62% , but be rejected by Yahoo board of directors. According to stock of 4 days of Yahoo price of newest closing quotation, of Microsoft buy the price already shrink comes 41 billion dollar.

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