What Yahoo Didn't Say

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Silicon Alley Insider   |  Henry Blodget   |   April 7, 2008 11:45 AM

Read More: Corporate Press Releases, Microsoft, Microsoft Bid, Microsoft Letter, Microsoft Takeover Bid, Msft, Steve Ballmer, Yahoo, Yahoo Shareholders, Yhoo, Breaking Business News
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In corporate press-release wars like this, it is imperative to read between the lines. More important that what Yahoo (YHOO) said in its Microsoft (MSFT) response this morning was what it did NOT say. To wit:


* Our shareholders support us, not you.
* We had a strong first quarter.

THE WORDING IN THE LETTERS SUGGESTS YAHOO's INSTITUTIONAL SHAREHOLDERS MAY SUPPORT MICROSOFT, NOT YAHOO.

In Microsoft's letter on Saturday, it said the following:

By any fair measure, the large premium we offered in January is even more significant today. We believe that the majority of your shareholders share this assessment, even after reviewing your public disclosures relating to your future prospects.

Read the whole story here.

 
 

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- PacificGatePost See Profile I'm a Fan of PacificGatePost permalink


Yang should get new advisors.

http://pacificgatepost.blogspot.com/2008/04/microsoft-yahoo-and-rest-of-us.html

    Favorite    Flag as abusive Posted 02:29 PM on 04/09/2008
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Corporate Press Releases, Microsoft, Microsoft Bid, Microsoft Letter, Microsoft Takeover Bid, Msft, Steve Ballmer, Yahoo, Yahoo Shareholders, Yhoo
 

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