Yahoo states, “We continue to believe that your proposal is not in the best interests of Yahoo and our stockholders”. Yahoo has declined Microsoft’s proposal and it’s attempt to buy out the company. With the recent mail that came from Microsoft chief executive Steve Ballmer about giving a warning to Yahoo that Microsoft will lobby Yahoo’s stockholders and then elect new board of directors if the current board does not agree to the said proposal of buying them out. Yahoo had stated a letter addressed ... Read More

Microsoft really knows how to make it’s bold moves to win over their competitors. When news had started to carry on about Microsoft meeting up Yahoo for some settlement. Hope were up if the two rivals had it’s chance of finally meeting halfway but instead Microsoft does not have all the time to wait as it sets up a deadline to Yahoo. It was a clear cute warning to the board of Yahoo on Saturday when Microsoft said that if the merger ... Read More