iOS app Android app More

Yahoo's Microsoft Letter To Shareholders: We're Still Right

Jerry Yang Yahoo

First Posted: 07/04/08 06:12 AM ET Updated: 05/25/11 01:35 PM ET

Epicenter:

Yahoo hopes to appease whining shareholders (specifically Carl Icahn) with a dishy letter that discloses the lame terms of Microsoft's recent offer.

Just a couple weeks ago, Team Redmond offered to put down $8 billion as an investment; plus a billion bucks for the Yahoo search business; and they offered Yahoo an additional take of future search revenue.

Read the whole story: Epicenter

FOLLOW HUFFPOST BUSINESS

Filed by Dave Burdick  |