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which banks were involved in that deal?
http://www.thedeal.com/dealscape/2008/02/just_in_advisers_for_microsoft…
This isn't the first time MSFT has mad a bid for Yahoo... the companies have actually been in stalemate talks for over 2 years now.
It looks pretty serious this time, a close person to me told me that all employees recieved an email from Steve telling them about the possible take over last night.
Remember, you will always be a salesman, no matter how fancy your title is. - My ex girlfriend
Serious or not, I would have to assume employees would have been informed of the offer last night.
In its bid letter, MSFT was crystal clear about their intent to issue a press release the following morning (i.e., this morning).
I'm surprised MSFT went public with the offer - seems like a pretty confrontational approach.
While I doubt it would happen, this would be really interesting as a hostile deal...
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