Microsoft Said to Plan Proxy Fight for Yahoo

debleena_doll2002's Avatar
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Microsoft’s move, expected to cost about $20 million to $30 million, was the software giant’s alternative to raising its $44.6 billion bid and was seen as a less expensive way to put pressure on Yahoo’s board. Yahoo has rejected Microsoft’s original offer, saying it “substantially undervalues” the company.

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http://www.nytimes.com/2008/02/20/te...l?ref=business
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elec.shabnam's Avatar, Join Date: Feb 2008
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is it true?
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debleena_doll2002's Avatar
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Quote:
Originally Posted by elec.shabnam
is it true?
It's news ...Not told by me.