07/04/2008 05:12 am ET | Updated May 25, 2011

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

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.

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