Official Yahoo! Response: "Directors to Evaluate Unsolicited Proposal From Microsoft"

Feb 4, 2008 | 2,726 views | by Navneet Kaushal
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Microsoft's US $44.6 Billion! Bid seems to have struck a chord with Yahoo!'s board of directors. Though they have been surprised by the offer and have announced the bid as an “Unsolicited Proposal.”

However, they do seem to have put on their thinking caps to assess the value proposition the deal brings in for its stakeholders. The Company said that “its Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo!'s strategic plans and pursue the best course of action to maximize long-term value for shareholders.”

It's understood that the whole process could take some time as the figures and stakes are quite mind boggling.

4.thumbnail Official Yahoo! Response: Directors to Evaluate Unsolicited Proposal From Microsoft

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
4.thumbnail Official Yahoo! Response: Directors to Evaluate Unsolicited Proposal From Microsoft
4.thumbnail Official Yahoo! Response: Directors to Evaluate Unsolicited Proposal From Microsoft