Archive for The Wall Street Journal

You are browsing the archives of The Wall Street Journal.

Microsoft turns up heat on Yahoo, Make deal or face proxy fight

MICROSOFT chief executive Steven A. Ballmer has threatened Yahoo directors with a hostile takeover of the company if they do not reverse course and agree to a deal within the next three weeks.
In a letter delivered on Saturday, Mr Ballmer lamented Yahoo’s unwillingness to negotiate a deal, saying “that by choosing not to enter into [...]