Yahoo unveils timeline of failed Microsoft talks - CNET

Culture Yahoo unveils timeline of failed Microsoft talks As it gears up for a proxy battle, Yahoo releases its version of a detailed timeline of the failed buyout negotiations with Microsoft. Updated at 3:54 p.m. PDT with comments from institutional investor advisory services analyst on Yahoo's investor presentation materials. Yahoo published on Monday its version of the details of the failed merg

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Dawn Kawamoto summarizes, "On May 24, the CEOs of both companies meet to talk about the "hybrid" deal and five days later Microsoft submits its "hybrid" proposal. Approximately a week later, on June 8, Yahoo's independent board members and management meet with Microsoft, ..."

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Dawn Kawamoto cites Jerry Yang:""The combination of our leading positions in search and display together with the benefits expected from our recently signed agreement with Google make us exceptionally well-positioned to capitalize on the convergence of search and display.""