Microsoft and Yahoo: Road to Nowhere - April 5-April 24

By Debra Donston  |  Posted 2008-05-07 Print this article Print
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April 5 Microsoft imposes a three-week deadline on Yahoo. In a letter to Yahoo's board, Microsoft states, "If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo! board."
April 24 Microsoft CFO Chris Liddell issues an ultimatum about the three-week deadline.

It could have been the deal of the century. It could have given Microsoft the online search and ad chops it doesn't have, not to mention firmer footing in the cloud. But it was not to be (at least not yet), as Microsoft withdrew its offer for Yahoo amid much waiting, threatening and gnashing of teeth all around. Here is how the dance to the denouement played out.

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