Microsoft Seen To Lower Yahoo Bid

Posted: Apr 5 2008, 8:21am CDT | by , Updated: Aug 11 2010, 7:12am CDT, in News | Technology News

 
Microsoft seen to lower Yahoo Bid
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Amidst market conditions and the leave of Yahoo! key personal, Microsoft is evaluating its original bid for the company reports Reuters.

Microsoft's original bid was $44.6 billion, but Yahoo! is currently worth about $42 billion. There are no official comments from Microsoft about this matter.
The Wall Street Journal meanwhile reports that senior managers from Microsoft and Yahoo! met this week to discuss the offer.
This was the second meeting since Microsoft made the offer back in February.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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