AP sources give inside look at Microsoft's raised Yahoo bid
Wednesday, May 7, 2008 - 09:56
in Mathematics & Economics
(AP) -- Just how serious was Microsoft Corp. about raising its bid to $47.5 billion for slumping Internet pioneer Yahoo Inc.? The answer is taking on greater importance as more outraged Yahoo shareholders threaten to sue the company's board - or try to replace the 10 directors - for the way they responded to Microsoft's sweetened offer.