Friday, May 09, 2008

Microsoft Move Suggests Not Reversing Yahoo Decision - WSJ.com

Game over -- at least the hostile permutation

Microsoft Corp. released potential proxy board members from their agreements to serve in the event it made a hostile bid for Yahoo Inc., following the software giant's decision last weekend to end its effort to buy the Internet company.

[...]

The move is a clear sign that Microsoft isn't planning a sudden reversal of its decision and comes amid speculation that Microsoft and Yahoo sides will restart talks as several large shareholders have expressed their disappointment that a deal wasn't reached.

Microsoft Move Suggests Not Reversing Yahoo Decision - WSJ.com

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