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Home | business | 2008 | May | 16 | 5AM | I have therefore taken the following actions: (1) during the ...
 
I have therefore taken the following actions: (1) during the last 10 days, I have purchased approximately 59 million shares and share-equivalents of Yahoo; (2) I have formed a 10-person slate which will stand for election against the current board; and (3) I have sought antitrust clearance from the Federal Trade Commission to acquire up to approximately $2.5 billion worth of Yahoo stock http://www.techcrunch.com/2008/05/15/dear-yahoo-youre-fired/
I believe that a combination between Microsoft and Yahoo is by far the most sensible path for both companies. I have therefore taken the following actions: (1) during the last 10 days, I have purchased approximately 59 million shares and share-equivalents of Yahoo; (2) I have formed a 10-person slate which will stand for election against the current board; and (3) I have sought antitrust clearance from the Federal Trade Commission to acquire up to approximately $2.5 billion worth of Yahoo stock. The biographies of the members of our slate are attached to this letter. More...
 
Submitted on May 16 2008, 5 AM by user: NosyJoe in Channel: business | Source: www.techcrunch.com | More from: www.techcrunch.com | Tags: billion worth,current board,more tags... | Found in: http://www.techcrunch.com/2008/05/15/dear-yahoo-youre-fired/


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