The Microhoo possibility is still very possible after all despite Yahoo’s continuous refusal to Microsoft’s unsolicited bids. Microsoft’s CEO Steve Ballmer sent a new letter to Yahoo’s board of directors dated April 5 this time giving an three weeks for Yahoo to accept their proposal. In the letter an ultimatum was given stating that they are prepared to initiate a hostile takeover in case Yahoo stil doesn’t give a (we can assume positive) response by the time the deadline arrives. Here’s a snippet of the interesting letter.
Sincerely,
Steven A. Ballmer
Chief Executive Office
Microsoft Corp.
Woohoo. So I guess we’re in for a suspenseful 3 weeks. ^_^