First astonished by the proposal from Microsoft followed by the huge task of evaluating the offer which could change Yahoo!'s fate forever, Yahoo! has now been overwhelmed with people from all over the world seeking clarifications on a range of facets about the deal, from the potential acquiree, that it's chosen to put up a FAQ for everyone! Read on what's Yahoo!'s take on the bid.

FAQ: Unsolicited Proposal From Microsoft

Q1. How is Yahoo! responding to Microsoft's proposal?

The Yahoo! Board is undertaking a deliberate review process. They're going to take time to thoroughly evaluate the proposal in the context of Yahoo!'s strategic plans. This will include evaluating all of the Company's strategic alternatives – including maintaining Yahoo! as an independent company. That process will take some time, but the Board will ultimately pursue the option that it believes can best maximize value for our shareholders.

Q2. How long will the Board's review process take?

A review process like this is fluid, and it can take quite a bit of time.

Q3. Will the Board seek proposals from any other companies?

The Board is going to evaluate all of Yahoo!'s strategic alternatives and pursue the option that it believes can best maximize value for our shareholders.

Q4. What would a deal like this mean for Yahoo!'s users, advertisers, publishers, partners and people?

Yahoo!'s Board is going to evaluate all aspects of this proposal carefully and promptly in the context of the company's strategic plans and alternatives. So it wouldn't be appropriate to speculate about the potential benefits or challenges of a deal. But the review process that's underway won't have any impact on our efforts to deliver value to all of our users, advertisers, publishers and partners – as well as new and exciting opportunities to our employees.