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Microsoft not seen to raise Yahoo Bid
Apr 1 2008, 12:43am CDT | by Luigi Lugmayr
Microsoft offered to buy Yahoo! for $44.6 billion two month ago. The Wall Street Journal reports that sources close to the company say that Microsoft will not offer more money for Yahoo!.
Microsoft seems to have time on their side as the stock market is weak and I also do not see how Yahoo! would be able to turn things around quickly to increase their value.
More details on the WSJ (Subscription).
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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