Yahoo! Sends an ‘Update’ Letter to Stockholders
John Tyra | June 26th, 2008
I know, I know, it seems like every other story is about Yahoo! lately and you’re probably right. They’ve been in the news more than I’d like to comment on, and I’ll leave it at that.
Yesterday, however, they released a letter to their stockholders updating them the current Google-Yahoo! ad agreement and "the outcome of our discussions with Microsoft regarding a potential transaction", according to the letter. It also contains some negative comments regarding Mr. Icahn’s opinions on the Microsoft-Yahoo!-Google situation, which may be interesting.
The full letter can be found here:
http://yhoo.client.shareholder.com/releasedetail.cfm?ReleaseID=318447
