It is quite astonishing to see, that now after the 31st Janaury 2008 offer of 4bn dollars to aquire Yahoo!, which Yahoo! did refuse, has take n adramtic step when our own Stevey old balmer, CEO of Microsft, sent a letter to teh board of directors of Yahoo! arguabley telling them to prepre for their detah if they dont surrender.

The letter is as below:

REDMOND, Wash. — April 5, 2008 — Microsoft Corp. (NASDAQ: MSFT) today sent the following letter to the Yahoo! Inc. (NASDAQ: YHOO) Board of Directors:

April 5, 2008

Board of Directors

Yahoo! Inc.701 First AvenueSunnyvale, CA
94089
Dear Members of the Board:
It has now been more than two months since we made our proposal to acquire Yahoo! at a 62% premium to its closing price on January 31, 2008, the day prior to our announcement. Our goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction. Despite this, the pace of the last two months has been anything but speedy.

While there has been some limited interaction between management of our two companies, there has been no meaningful negotiation to conclude an agreement. We understand that you have been meeting to consider and assess your alternatives, including alternative transactions with others in the industry, but we’ve seen no indication that you have authorized Yahoo! management to negotiate with Microsoft. This is despite the fact that our proposal is the only alternative put forward that offers your shareholders full and fair value for their shares, gives every shareholder a vote on the future of the company, and enhances choice for content creators, advertisers, and consumers.

During these two months of inactivity, the Internet has continued
to march on, while the public equity markets and overall economic conditions
have weakened considerably, both in general and for other Internet-focused
companies in particular. At the same time, public indicators suggest that
Yahoo!’s search and page view shares have declined. Finally, you have adopted
new plans at the company that have made any change of control more costly.
By any fair measure, the large premium we offered in January is even more
significant today. We believe that the majority of your shareholders share this
assessment, even after reviewing your public disclosures relating to your future
prospects.

Given these developments, we believe now is the time for our
respective companies to authorize teams to sit down and negotiate a definitive
agreement on a combination of our companies that will deliver superior value to
our respective shareholders, creating a more efficient and competitive company
that will provide greater value and service to our customers. 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. The
substantial premium reflected in our initial proposal anticipated a friendly
transaction with you. 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.

It is unfortunate that by choosing not to enter into substantive
negotiations with us, you have failed to give due consideration to a transaction
that has tremendous benefits for Yahoo!’s shareholders and employees. We think
it is critically important not to let this window of opportunity pass.

Sincerely,
Steven A. Ballmer

Chief Executive Office
Microsoft Corp.

So what do you think , will MICROHOO!!! be formed or another sitaution can be altered out..
Comment big on this big story…

ENJOY…

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