Microsoft, Yahoo Deal, Chapter Two: Microsoft Gets Impatient

Microsoft started getting impatient over it's $41 billion dollar takeover bid on Yahoo, on Saturday, April 5, 2008, Microsoft gave yahoo an Ultimatum of three weeks. If a deal wasn't reached by April 26, the software maker would go straight to the Shareholders with a less attractive price.

"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," wrote Microsoft Chief Executive Steve Ballmer.

"If we are forced to take an offer directly to your shareholders, that action will have an undesirable impact on the value of your company from our perspective which will be reflected in the terms of our proposal," he wrote.

He went on rambling about, how Yahoo was loosing stock and popularity, and that accepting this deal was their only hope of survival, and Microsoft wonders why they never seem to be the good guy.

Apparently since the offer was made, it has declined due to loss of stock value to $41 billion. My Question is "Does anyone care anymore?" Yahoo and Microsoft are both companies that are losing popularity and user bases. Now, if they merge, they will become one large popularity-losing company.