Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today said
that it has received an unsolicited proposal from Microsoft to acquire
the Company. The Company said that its Board of Directors will evaluate
this proposal carefully and promptly in the context of Yahoo!’s
strategic plans and pursue the best course of action to maximize
long-term value for shareholders.
About Yahoo!
Yahoo! Inc. is a leading global Internet brand and one of the most
trafficked Internet destinations worldwide. Yahoo! is focused on
powering its communities of users, advertisers, publishers, and
developers by creating indispensable experiences built on trust. Yahoo!
is headquartered in Sunnyvale, California. For more information, visit
pressroom.yahoo.com.
Yahoo! and the Yahoo! logos are trademarks and/or registered trademarks
of Yahoo! Inc. All other names are trademarks and/or registered
trademarks of their respective owners.