Yahoo Chairman of the Board Roy Bostock fired CEO Carol Bartz over the phone today. They turned down a buyout offer from Microsoft at over $30 a share – a price everyone holding the $12.50 shares would no doubt accept today.
Roy Bostock Jerry Yang In a letter that is likely to believed by almost no one, Yahoo regurgitated much of the same old statements about Microsoft and Carl Icahn - and then slipped in something about selling the entire...
Roy Bostock The major component of the overall value per share asserted by Microsoft/Icahn would be in Yahoo! Icahn our position with regard to their search and restructuring proposal, your Board not only repeated its offer to sell the entire...
Roy Bostock, Chairman of Yahoo! The major component of the overall value per share asserted by Microsoft/Icahn would be in Yahoo! for a full and fair price, including a control premium. Recently, Microsoft and Carl Icahn got quite cozy, and the...
June 8, our Chairman, Roy Bostock, other independent board members, and members of Yahoo! Icahn's slate and his ill-defined agenda," the letter from Yahoo CEO Roy Bostock states. Roy Bostock Jerry Yang
and Microsoft on June 8th in which Chairman Roy Bostock and other independent Board members from Yahoo! the two companies have continued to discuss an alternative transaction that Microsoft believes would have delivered in excess of $33 per share...
Today, Carl Icahn released his second letter in a week to Yahoo's Chairman Roy Bostock. Roy Bostock estimates the maximum change in control severance expenses to be a staggering $2.4 billion if Microsoft bids $35 per share for Yahoo!
Yahoo's Chairman of the Board Roy Bostock fired back a reply, on behalf of the beleaguered board members Carl Icahn has been trying to replace, stating Icahn had a "significant misunderstanding of the facts about the Microsoft proposal and the...
Bostock: Roy Bostock I have therefore taken the following actions: (1) during the last 10 days, I have purchased approximately 59 million shares and share-equivalents of Yahoo; (2) I have formed a 10-person slate which will stand for election...
Roy Bostock, Chairman of the Board Your comment that we have refused to enter into negotiations to conclude an agreement are particularly curious given we have already rejected your initial proposal, nominally $31 per share at the time, for...
