Posts Tagged with ‘microsoft-yahoo-reply-shareholder-lawsuit’

The Yahoo shareholders aren't the only voices weighing in on the Yahoo boards rejection of Microsoft's hostile takeover bid. Microsoft has replied publicly now as well. The computer giant said it will push forward with its offer, however; it does not say whether it will increase its bid or not.
From Microsoft representatives:
“We are confident that moving forward promptly to consummate a transaction is in the best interests of all parties,” Microsoft said in a statement.
The company called the rejection [...]