yahoo Tag

Microsft has announced that it is walking away from it's attempt to acquire Yahoo after raising their bid by a further US$5 Billion (around US$2 per share more than the original offer of US$31 per share). The raised bid was again rejected by Yahoo, stating that the increase to the offer was only half of what they considered to be reasonable to move forward. "From the...

The NY post has reported that Microsoft CEO – Steve Ballmer and CFO Chris Liddel have offered to sweeten the deal of the Yahoo! merge should Yahoo! formally accept the offer of entering formal negotiations.

Microsoft are reported to be re-considering their bid for Yahoo! due to changed market conditions and apparent signs of weakness in the core business offering of Yahoo!.

Microsoft, two months since their initial bid for Yahoo! are still sitting quietly. Much speculation as to whether or not they would increase their bid has taken place, yet no actions have been set yet.

Microsoft’s team of strategists believe that time is helping them, as they argue that the recent Yahoo! roadshow failed to dazzle investors and nothing displayed would justify an increased price.

Yahoo have spoken out regarding the takeover and the development of their company. The prime points covered are that; they are sticking by their growth forecasts despite the slowing economy and that they DO NOT require Microsoft to help them at all. Jerry Yang stated: "Yahoo is positioned for accelerated financial growth—we have a powerful consumer brand, a huge global audience and a highly profitable operating model" Do...