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Twitter Unleashed
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Yahoo Responds To Microsoft's Push
By Doug Caverly
We'll say this much for Microsoft's most recent letter: at least it got Yahoo talking again. Yet Jerry Yang and Roy Bostock weren't in the most cooperative of moods when they responded this morning.
In a jointly signed response, the pair wrote, "[W]e have continued to make clear that we are not opposed to a transaction with Microsoft if it is in the best interests of our stockholders." They later added, "We continue to believe that your proposal is not in the best interests of Yahoo! and our stockholders."
A number comments addressed to "Steve" ("Steven A. Ballmer" is the way in which Microsoft's CEO signed his last communication) made the response seem even less friendly.
"We regret to say that your letter mischaracterizes the nature of our discussions with you. We have had constructive conversations together regarding a variety of topics, including integration and regulatory issues. . . . Moreover, Steve, you personally attended two of these meetings and could have advanced discussions in any way you saw fit."
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