Thursday, April 24, 2008
Maybe the Microsoft-Yahoo merger is over. Microsoft reportedly has a list of nominees for the Yahoo board in the event it decides to go forward with a hostile takeover, and this Saturday is the date Microsoft previously gave Yahoo to decide whether to enter into friendly negotiations or face a hostile bid. However, CEO Steve Ballmer suggested that Microsoft might give up the fight in the face of skepticism from Microsoft employees about the deal. WSJ, CEO Says Microsoft Could Forgo Yahoo.