Yahoo! (YHOO) Sends Letter To Holder In Support of Current Board; Would Sell To MSFT If Closing Guaranteed

July 17, 2008 7:16 AM EDT

Yahoo! Inc. (Nasdaq: YHOO) sent a letter to holders urging support of its current board.

Yahoo said it would sell to Microsoft (Nasdaq: MSFT) if closing guaranteed and offer is $33 per share or higher.

Link to the full letter


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