clipped from: www.downloadsquad.com   

Microsoft to Yahoo!: You've got 3 weeks before we get hostile


OK, we know it's a long shot, but wouldn't it be great if Microsoft succeeded in its bid to buy Yahoo! and then renamed the company Microhoo? Because when you type "Microhoo" into Yahoo!'s search engine right now, one of the suggestions is "Microhoods." And given Microsoft CEO Steve Ballmer's recent letter to the Yahoo! Board, that seems like as accurate a description as any.

Essentially, Ballmer told the board that they've got 3 weeks to accept Microsoft's offer, currently valued at $42 billion in cash and stocks. If the board refuses, Microsoft will take the offer directly to Yahoo!'s shareholders and nominate a slate of board members to replace the current board.