Yahoo investor guide to Microsoft’s A, B, and C options

Yahoo investors may see some interesting gyrations in the company’s share price in the coming weeks, should the Internet pioneer and Microsoft fail to enter formal merger talks.

Microsoft issued an ultimatum to Yahoo nearly three weeks ago, demanding the Internet company enter formal negotiations by this Saturday, or face the prospect it could walk away from the deal, see a tender offer launched, and/or a proxy fight ensue, as outlined in its letter to Yahoo directors.

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