The defendants are expected to appeal all the way to the highest court if necessary.
Submission Summary: 0 pending, 5 declined, 0 accepted (5 total, 0.00% accepted)
Microsoft today announced that it has made a proposal to the Yahoo! Inc. Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. "The combined assets and strong services focus of these two companies will enable us to achieve scale economics while reaching R&D critical mass to deliver innovation breakthroughs," said Kevin Johnson, president of the Platforms & Services Division of Microsoft. "The industry will be well served by having more than one strong player, offering more value and real choice to advertisers, publishers and consumers."
The aim of science is to seek the simplest explanations of complex facts. Seek simplicity and distrust it. -- Whitehead.