Microsoft responds to Yahoo rejection

Posted on February 12, 2008 by Dan

balmer_scarfaceMicrosoft responded today to Yahoo! officially turning down their acquisition offer, saying in their press release that “it is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies.”

Their press release seemed aimed at Yahoo! shareholders, trying to convince them how good the deal would be for them.

Also included in the public response seemed to be a threat:

“Microsoft reserves the right to pursue all necessary steps to ensure that Yahoo!’s shareholders are provided with the opportunity to realize the value inherent in our proposal.”

If you’re interested in seeing the full press release you can check it out here.

I guess this one isn’t over just yet…

[Via TechCrunch]

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One Response to “Microsoft responds to Yahoo rejection”

  1. Yahoo shareholders sue Yahoo over Microsoft acquisition offer « Dan’s Tech-n-Stuff Weblog, on February 15th, 2008 at 7:17 pm Said:

    [...] sue Yahoo over Microsoft acquisition offer Posted on February 15, 2008 by Dan If Microsoft’s public response to Yahoo! turning down their acquisition deal was supposed to rile up Yahoo! shareholders it looks [...]

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