Saturday, July 12, 2008
Yahoo’s Statement on Microsoft/Icahn Joint Bid
Here is the full statement from Yahoo, released tonight, about the new proposal from Microsoft and activist investor Carl Icahn, who is waging a proxy fight against Yahoo:
Yahoo! Inc., a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!’s search business by Microsoft.





