Microsoft’s offer for Yahoo may disappear

by billso on Saturday, 5 April 2008

From Reuters and the New York Times: Microsoft and Yahoo aren’t negotiating.

Who will blink first?

Yahoo should come to their senses soon and take Microsoft’s offer, if Microsoft doesn’t rescind the offer first. Too many Yahoo employ­ees are flee­ing already, but Yahoo’s share price has dipped quite a bit lately. Microsoft is stick­ing to its offer of US$31 a share, and Yahoo stock has ranged from US$19 to US$28 since the offer. Microsoft’s stock has taken a beat­ing in the interim, too.

Mean­while, Bill Gates says that the next ver­sion of Win­dows may be released within the next 12 months, accord­ing to this Reuters report. I doubt the soft­ware will be released that quickly.

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Tagged as: Microsoft, Windows, Yahoo

  • http://billso.com billso

    Accord­ing to today’s New York Times, Microsoft has run out of patience.

    Microsoft CEO Steve Ballmer has sent an email telling Yahoo’s board to nego­ti­ate, or in three weeks Microsoft will start a proxy con­test. Yahoo share­hold­ers would receive a lower offer than US$31 per share.

  • http://billso.com billso

    Yahoo blinked! Accord­ing to Engad­get and the New York Times, Yahoo’s board under­stands the com­pany will be sold.

    The Yahoo board just wants Microsoft to increase its offer.

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