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Microsoft threatens to take Yahoo! buy offer to members

Published on Mon, Apr 28, 2008 at 20:08 |  Source : CNBC-TV18

Updated at Mon, Apr 28, 2008 at 20:12  

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Microsoft threatens to take Yahoo! buy offer to members

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Microsoft's deadline to Yahoo! to respond to its USD 44.6 billion takeover offer has expired, reports CNBC-TV18. Steve Ballmer, CEO, Microsoft , had threatened to take the offer directly to Yahoo's shareholders, if the latter didn't agree to start talks by Saturday. Ballmer gave Yahoo! an ultimatum to accept the bid last night and now faces the decision to abandon the bid or begin Microsoft's first hostile takeover battle.

  

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