The Deal
Wednesday, July 30, 
11:06 am

[Posted on May 8, 2008 - 6:22 PM]


In the clearest sign yet that Microsoft Corp. [MSFT] meant what it said when it said it was no longer interested in buying Yahoo! Inc., [YHOO], the software company on Thursday released potential proxy members from their agreements to serve in the event of a hostile takeover battle. In the four days since Microsoft dropped its $47.5 billion offer for Yahoo!, the Internet company's shares have fallen sharply and then gradually started to rise amid speculation, party fueled by Yahoo! itself, that the two side might still reach a deal. With would-be proxy board members being released from duty, that possibility looks more remote. -- Andrea Orr

See May 4 post from Tech Confidential
See May 8 story from WSJ.com
See May 8 post from Tech Confidential
See May 6 post from Tech Confidential


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