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From: Architexturez-IN <admin-in@xxxxxxxxxxxxxxxxx>
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Date: Sat, 02 Feb 2008 21:23:16 +0530
SAN FRANCISCO — Jerry Yang, the chief executive of Yahoo, was finishing
a regularly scheduled company board meeting Thursday night when his
assistant interrupted him with an urgent phone call.
It was Steven A. Ballmer, the chief executive of Microsoft, and his
message was curt. He did not call to negotiate. Microsoft would make
public a hostile $44.6 billion offer for Yahoo early Friday morning in a
bold move to counter Google’s online pre-eminence.
Mr. Yang, in shock, rushed back with the news to his directors, some of
whom were getting ready to leave Yahoo’s headquarters in Sunnyvale,
Calif. The board meeting was no longer over; it would turn into a
strategy session that stretched into the night.
cont'd....
http://www.nytimes.com/2008/02/02/technology/02yahoo.html?ex=1202619600&en=43c6aeedd5c25cc1&ei=5070&emc=eta1