spearman914
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This is a VERY LONG letter by Ballmer. Too long. It is either:
1./ Fake, or
2./ Spelling out issues of market collution with the dominant player, together with "poison pill", ready to take the issue to the MM commission, or pursue legal action againt said director. How? Becuase Ballmer is spelling out how, through "spite of hostile bid", the management team of Yahoo would take actions to destroy value for their shareholders. They would be legally liable to the shareholders for such action and could not only force their resignation, but pursue them for damages, or
3./ Its a trojan horse. MS will not take Yahoo in ONE hostile bid, but will work with an invement bank / private equity firm to acquire stock through a third party until such point that together they have sufficient voting rights to appoint their own board members. Its not a hostile take over. But an accumulating stakeholder in Yahoo until such point that MS has controlling influence.
All in all, odd.
Yahoo should remain alert.
LOL Long is fake??? Then okay letter "a" is one letter so consider I never typed that and it is fake?