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Icahn himself Monday in a statement that he and Ballmer last week with several Microsoft senior deputies held several talks, some time talking to more than one hour. Icahn said that if the expulsion is not the current members of the Board Yahoo, Microsoft will no longer dealing with Yahoo.
July 8 news, the reporter received Microsoft is to launch on Yahoo’s board of directors of the proxy battle for the U.S. billionaire, the radical investors Kaeryikan an open letter. Microsoft in an open letter, “said the shareholder after the elections, we are convinced that Microsoft would be interested with the new board of directors of Yahoo a major transactions, such as large-scale financing secured to buy the ‘search’ function, or, for a way Yahoo’s acquisition of the entire company. ”

Icahn himself Monday in a statement that he and Ballmer last week with several Microsoft senior deputies held several talks, some time talking to more than one hour. Icahn said that if the expulsion is not the current members of the Board Yahoo, Microsoft will no longer dealing with Yahoo. Icahn said in the letter, Ballmer made it clear that if Yahoo set up a new board of directors, he will be dealing with Yahoo is very interested, as in the case of income to ensure that the acquisition search assets, or buy the entire company.

Microsoft Kaeryikan Following is the letter issued by the statement:

In the past week, we have the opportunity to join with Carl Icahn on Microsoft and Yahoo (Yahoo!) Might be reached between the prospects of an agreement for consultations.

While we, since January 31 since the first half of last year and has been tireless efforts, but we are never able to timely manner and acceptable terms and conditions of Yahoo’s current management and board of directors to reach an agreement. Our conclusion is that we can not reach any agreement with them. After the election in the shareholders, we are convinced that Microsoft would be interested with the new board of directors of Yahoo a major transactions, such as large-scale financing secured to buy the “Search” function, or, for a way to acquire the entire Yahoo.

As Mr. Icahn in today’s statement said, at this time to discuss the potential transaction price or other terms, and other important details is premature. We respect the Yahoo shareholders to decide their fate of the company the right, and we also do not intend to Yahoo shareholders prior to the convening of the General Assembly to participate in the current reviews of these issues.

As we announced in Yahoo and Google to reach an agreement (June 12), as explained, we believe that our proposed acquisition of search and partnerships will be able to Yahoo’s shareholders and the market value of excellence. Even if we with our own Internet search and advertising products is continuing to move forward, but our position remains unchanged. So, welcome Mr. Icahn interest on this issue and other issues were discussed.

If the General Assembly convened in Yahoo shareholders after the election of a new board of directors, we are ready to discuss with their immediate, but for the future of the transactions we still can not make any guarantees.


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