Microsoft not seen to raise Yahoo Bid
Posted on Tue, 1 Apr 2008 00:43:23 CDT | by Luigi Lugmayr
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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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Back to I4U News FrontpagePosted on Tue, 1 Apr 2008 00:43:23 CDT | by Luigi Lugmayr
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