No Microhoo: Microsoft Walks Away from Yahoo! Deal »
Posted by: TechnologyExpert 2 months, 3 weeks ago4 CommentsReflectReport this Story
Despite reports on Friday that Yahoo! had been brought to the bargaining table by a higher Microsoft offer, Microsoft issued a press release on Saturday indicated it was walking away from the deal.
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Comments So Far: 4
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ETproductions
May 4, 2008, 1:19 a.m.Walks away, or plans to take the bid hostile? Microsoft is not known for just giving up on what they want.
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jimdoze
May 4, 2008, 10:32 a.m.It is my guess that they'll take their time. The present value of Yahoo technology, Yahoo eyeballs and Yahoo in the arms of another was likely adjudged to have been less than what MSFT would have had to pay to obtain it in a hostile move. If Yahoo stock price falls and stays down for the next 6 months, Yahoo shareholders will scream (the opposite of yahooooo) and they'll be a much softer target for MSFT's next move.
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TechnologyExpert
I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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