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Corporate & Securities Law
: BusinessAssociationsBlog.comUsing a strategic partnership as a poison pill
By Stephen Bainbridge
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If you believe Steve Ballmer’s letter to Jerry Yang withdrawing Microsoft’s offer to buy Yahoo, the latter’s threat to outsource search to Google deterred Microsoft from going hostile:
We regard with particular concern your apparent planning to respond to a “hostile” bid by pursuing a new arrangement that would involve or lead to the outsourcing to Google of key paid...[continued on site]
Full post as published by BusinessAssociationsBlog.com on May 03, 2008 (boomark / email).
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