Here is the official letter sent by Microsoft official to Yahoo! Board of Directors.
January 31, 2008
Board of Directors
701 First Avenue
Sunnyvale, CA 94089
Attention: Roy Bostock, Chairman
Attention: Jerry Yang, Chief Executive Officer
Dear Members of the Board:
I am writing on behalf of the Board of Directors of Microsoft to make a proposal for a business combination of Microsoft and Yahoo!. Under our proposal, Microsoft would acquire all of the outstanding shares of Yahoo! common stock for per share consideration of $31 based on Microsoft’s closing share price on January 31, 2008, payable in the form of $31 in cash or 0.9509 of a share of Microsoft common stock. Microsoft would provide each Yahoo! shareholder with the ability to choose whether to receive the consideration in cash or Microsoft common stock, subject to pro-ration so that in the aggregate one-half of the Yahoo! common shares will be exchanged for shares of Microsoft common stock and one-half of the Yahoo! common shares will be converted into the right to receive cash. Our proposal is not subject to any financing condition. Continue reading
We all use them – On messengers, forums, blogs, emails, even on our test papers 😉 – So wherer did they come from? There are so many, that most of us dont even know the different types! This was the question that made me do a little research, and i came up with some stuff i thought id share with you all 🙂
History Of Emoticons:
The very first emoticon possibly appeared in 1979, first used by someone named Kevin Mackenzie. He is believed to have first used the -) symbol, which meant “tongue in cheek”. The technique didn’t appear to catch on, and it remained for another to start the fad…..
Since the time i got to know the fact that there are “Free Webspace” available online with Yahoo Briefcase, i have had quite an interest in getting the most use out of them. The Simple fact that the data uploaded can be retrieved at anytime and anyplace (with an Internet – (preferably Broadband 😉 connerction available), has many advantages. Whether it is for hosting stuff for your friends, or hosting stuff for your website / forum post, free webspaces come in real handy.
Back in the older days, when a 25MB Hotmail Inbox, and a 50MB yahoo Inbox were the best things in the world, a 50MB Space at Yahoo Briefcase had a lot of value. And now that Microsoft has unveiled quite a few new features since their Windows Live services have been anounced. One of the most interesting things is Windows Live SkyDrive.
Actually, there have been alot of questions arising from all the people that have come across my blogs name. The primary question being:
What does L33t stand for ??!
So here is the detailed answer i have compiled for all the readers (apart from the fact that it sounds totally c0ol !)