Billionaires Karl Ikan Yahoo advised not to walk around so some deals with Microsoft
Billionaires Karl Ikan sent a letter to the Chairman of the Board of Directors Roy Bostoku Yahoo, which once again expressed the need to merge this Internet companies with the corporation Microsoft.
Microsoft offered for each share Yahoo dollar 31 and then increased the price to 33 dollars. The total transaction could reach 47.5 billion dollars, but the Yahoo board of directors felt that figure insufficient and said that a merger would be possible only at the rate of 37 dollars per share. As a result, Microsoft withdrew a proposal to purchase, a billionaire Carl Ikan, which owns about 4% of securities Yahoo, announced the intention to propose replacing the board of directors of the company and resume negotiations with Microsoft.
Roy Bostoku The letter, excerpts of which leads USA Today, Ikan wondered why the leadership of Yahoo not stop walking around so some dealings with Microsoft. Billionaires believes that the Yahoo board of directors should be invited to sell the company for a 34375 dollar per share, which will total 49.5 billion dollars.
However, it is still unclear as to respond to the tough letter to the chairman of the board of directors Ikana Yahoo. The fact is that prior Roy Bostok already reminded billionaires, the board of directors that Yahoo was not opposed to negotiations with Microsoft, but the corporation itself has decided to withdraw the proposal to purchase. In addition, Bostok penyaet Ikanu that he can not offer anything Yahoo smart, but to sell Microsoft.
By the way, recently revealed that Microsoft has made an informal proposal on the purchase of Yahoo back in January 2007, promising to share the company for every 40 dollars. But then the parties agree not.
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