Offer won’t be raised: Gates to Yahoo
p2pnet news | Products:- Microsoft’s Bill Gates says he’s gone as far as he intends to go with offers for Yahoo.
Yahoo’s rejection of Microsoft’s $44.6 billion bid isn’t just part of an elaborate courtship dance, as has been suggested.
Gates is quoted as stating the $31-per-share buyout offer won’t be increased.
"We sent them a letter and said we think that’s a fair offer," the Associated Press has him saying.
"There’s nothing that’s gone on other than us stating that we think it’s a fair offer. They should take a hard look at it."
In a recent letter to shareholders, "I want you to know that the Yahoo! Board of Directors and management team remain committed to pursuing initiatives that maximize value," said Yahoo’s Jerry Yang.
Also See:
Associated Press – Gates: Microsoft Isn’t Raising Yahoo Bid, February 19, 2008
pursuing initiatives – Jerry Yang letter to Yahoo shareholders, February 14, 2008
Use free p2pnet newsfeeds for your site. It’s really easy!
Subscribe to p2pnet.net | | rss feed: http://p2pnet.net/p2p.rss | | Mobile – http://p2pnet.net/index-wml.php
Net access blocked by government restrictions? Use Psiphon from the Citizen Lab at the University of Toronto. Go here for details. Download here.
