Yahoo And Microsoft - The Stalemate Continues
Today’s big news about Microsoft’s Yahoo takeover (or lack thereof) is that…there is no news. The deadline set by Microsoft is up, and both sides are dead silent.
Predictions abound: Microsoft can raise its $31 per share bid, stand firm, go hostile, or even lower the bid in the wake of Yahoo’s relatively poor quarterly financial results. Yahoo can do any number of things, many of which include shooting themselves in the foot. The consensus amongst most analysts is still that Microsoft simply cannot afford to let Yahoo just walk away from this one, and that it’s a matter of time until Ballmer announces a proxy fight to replace Yahoo’s current board of directors with Microhoo-friendly ones.
Whatever happens, one thing is fairly certain: it will go down really soon, probably today, and we’ll be here to cover it. Stay tuned.
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Related Articles at Mashable! - The Social Networking Blog:
The Daily Poll: Is Microsoft-Yahoo Inevitable?
Developing: Microsoft Reconsidering Yahoo Offer
The Daily Poll: Should Yahoo Accept Microsoft’s Offer?
MASSIVE: Microsoft May Acquire Yahoo for $50 Billion
CNET: Microsoft and Yahoo in “Informal Talks”
Yahoo-Google Deal Looking Good; Common Sense Packs Up And Leaves
Is Yahoo Worth $4 Billion More Than It Was On Feb. 1st?
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