April 7 (Bloomberg) -- Yahoo! Inc., the Internet company that snubbed a $44.6 billion takeover bid from Microsoft Corp., may drop in Nasdaq trading after the software maker threatened to cut its bid if directors fail to give in soon.
If Yahoo's directors refuse to negotiate a deal within three weeks, Microsoft plans to nominate a board slate and take its case to investors, Chief Executive Officer Steve Ballmer said April 5 in a statement. He suggested the deal's value might decline if Microsoft has to take those steps. April 7 (Bloomberg) -- Yahoo! Inc., the Internet company that snubbed a $44.6 billion takeover bid from Microsoft Corp., may drop in Nasdaq trading after the software maker threatened to cut its bid if directors fail to give in soon.
If Yahoo's directors refuse to negotiate a deal within three weeks, Microsoft plans to nominate a board slate and take its case to investors, Chief Executive Officer Steve Ballmer said April 5 in a statement. He suggested the deal's value might decline if Microsoft has to take those steps. More Details>>
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