Microsoft sets 3 week deadline for Yahoo!

Here is the snippet, "The software giant threatened to launch a proxy fight to unseat Yahoo's board of directors, as well as take its case straight to Yahoo investors should no deal be reached in that period.

And as a further cattle prod in getting a deal consummated, Microsoft threatened to lower its existing bid, citing how Yahoo's value will be hurt if it needs to resort to such hostile means." The deadline is three weeks or the 26th of April 2008!

Source: BBC