Microsoft Gives Yahoo Ultimatum

Microsoft playing hardball !!

Microsoft Gives Yahoo Ultimatum: Sign Deal In 3 Weeks Or We Cut Bid

ANALYSIS: In this ultimatum Microsoft makes a compelling case that Yahoo's board is violating its fiduciary duty to shareholders by not even engaging with Microsoft. This, combined with the threat of a bid cut, will likely prompt Yahoo shareholders to turn up the heat on Yahoo's board and management. It will also likely prompt Yahoo's board to do some real soul-searching, in which the directors ask themselves again whether they really want to continue down this path.

passed on - with thanks to : Silicon Alley Insider