April 28, 2008
Yahoo Does Not Respond to Microsoft's Deadline
Saturday was the deadline Microsoft gave Yahoo to agree to a deal. Now Microsoft must decide whether to back away or go forward with a hostile tender offer and proxy contest as Steve Ballmer stated several weeks ago. Many of Microsoft's own executives, however, are said to oppose the deal as diverting resources from other projects. WSJ, Microsoft Confronts Tough Choice on Yahoo.
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