Microsoft gives Yahoo till the weekend
Come Monday, it's horse's head in the bed time
MICROSOFT says Yahoo has until Monday morning to decide what it is going to do after making it an offer it can't refuse.
Microsoft Chief Financial Officer Chris Liddell told analysts that unless Vole made progress with Yahoo by this weekend, he would reconsider his options with Yahoo.
While many analysts seem to have taken this to mean a hostile take over, Microsoft chairman Steve Ballmer hinted that Microsoft would be prepared to walk away from the whole situation.
Liddell hinted that Microsoft might spend the cash on other acquisitions or boosting its own online business.
Microsoft has made it abundantly clear on several thousand occasions that it will not increase its bid for the search outfit and Liddell moaned that Yahoo seemed to be dragging its feet at every point of the negotiations.
He said that speed was of the essence, but Yahoo had been anything but speedy. µ
L'Inq
News.com
Comments
Microsoft = 6000 ton bully
enough said...P.S.: Hopefully, Balmer won't cry when he doesn't get his way.... <smile>
This is a Bad Deal
To me it looks like it will damage both Microsoft and Yahoo, and I have to admit considerable puzzlement as to why Microsoft would want to do this.
Hopefully Yahoo won't cry...
Hopefully Yahoo won't cry when they end up selling out to Microsoft for $18 to $23 a share, when they could've had $31.And Yahoo replied...
Go forth and multiply.I love reading these catchy phrases here.