Microsoft cheif executive Steve Ballmer has sent a letter to Yahoo dated April 5 that says "now is the time" to negotiate final terms of a deal, which, valued at more than $40 billion would mark the biggest-ever takeover in the high-tech industry.

"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," Ballmer wrote.

I would hate to see Yahoo taken over by the evil Microsoft myself.You can read this full report by the news agency Reuters here.

  1. Chauncy April 6, 2008 at 4:37 PM  

    Considering their role in promoting Chinese internet censorship, I'd say Yahoo is at least twice as evil as Microsoft.

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