According to news just in from BreakingNewsOn:
Microsoft Corp. has sent a letter to the Yahoo Board of Directors setting a three-week deadline for moving forward on its buyout offer.
Microsoft CEO: If no agreement within 3 weeks, we will take our case directly to shareholders, elect new directors for the Yahoo! board.
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Steve Ballmer Puts on Poker Face
Steve Ballmer, CEO of Microsoft (MSFT) puts on his best poker face with this letter to the Yahoo! (YHOO) board of directors. Ballmer isn’t known all over the world as an innovator, but as a former lawyer and one of the architects of Microsoft…
I’m anxious to see Steve Ballmer conduct a good old proxy fight.