microhoo

Its looking like Microsoft was serious when they said they wanted to buy Yahoo!  Microsoft offered $44 billion to buy Yahoo! which valued them at around 60% higher than their market capitalisation at the time of the offer.   In an open letter to Yahoo's board, they have said they'd start getting serious if they didn't accept it.  By serious, that means they're going to start a proxy fight by electing a new set of directors to Yahoo's board.  Linkage.