Microsoft Not Seen To Raise Yahoo Bid

Posted: Apr 1 2008, 12:43am CDT | by , Updated: Aug 11 2010, 7:04am CDT, in News | Technology News

 
Microsoft not seen to raise Yahoo Bid
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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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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () 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.

 

 

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