Microsoft issued an ultimatum: Yahoo can accept the purchase within three weeks

According to the "Central News Agency", Microsoft issued an "ultimatum" to Yahoo's purchase case on the 5 th, and the CEO of Microsoft sent a letter to Yahoo's board of directors on the same day, yahoo is limited to accepting $31 per share in cash and share swap proposals within three weeks. Otherwise, Microsoft will directly resort to Yahoo shareholders and try to select a new Yahoo board of directors.

At the end of 62%, Microsoft announced a proposal to buy Yahoo. At that time, it offered a condition that Yahoo could directly acquire a market value of $44.6 billion at a premium per share, but was rejected by Yahoo, the reason is that Microsoft "seriously underestimated" Yahoo's value.

After more than two months, Yahoo's market value is estimated to be between $41 billion and $42 billion, based on the four-day stock market close.

In a letter to Yahoo!'s Board of Directors, CEO Balmer wrote that if the board of directors did not accept the offer of $31 per share in cash and stock swap before the 26 th, Microsoft would directly resort to Yahoo's shareholders, and tried to select a new Yahoo! Board of Directors to complete the merger.

The letter also pointed out that the overall performance of economic and network stocks has deteriorated over the past two months, and Yahoo's performance has also declined, including the internet search share and online advertising performance revenue also declined.

He said that, in terms of fairness, Yahoo's performance now shows that Microsoft's Proposed Acquisition Conditions in the lunar January s are more impressive. He also believes that most Yahoo's shareholders will agree with this.