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Yahoo! rejects Microsoft-Icahn proposal
Yahoo! rejects Microsoft-Icahn proposal .
Yahoo! has rejected a joint proposal from Microsoft Corporation and billionaire investor Carl Icahn for a restructuring of the global internet giant, saying the deal was not in the "best interest" of stockholders.Yahoo! had received the joint proposal from Microsoft and Icahn, an arrangement that would include the acquisition of the internet major's search business by Microsoft and the rest of the company by Icahn For More @ Click Here
Yahoo! has rejected a joint proposal from Microsoft Corporation and billionaire investor Carl Icahn for a restructuring of the global internet giant, saying the deal was not in the "best interest" of stockholders.Yahoo! had received the joint proposal from Microsoft and Icahn, an arrangement that would include the acquisition of the internet major's search business by Microsoft and the rest of the company by Icahn For More @ Click Here